equipal

London-based fintech equipal has successfully secured £16.25 million in a combined equity investment and forward flow facility from Altum Capital Management. This strategic funding will fuel the company's expansion, enabling it to grow its team and scale its proprietary asset finance platform.

Summary of transaction details:

• Value: £16,250,000
• Sector: Fintech
• Advisor: Not mentioned
• Key Entities: Target: equipal, Investor: Altum Capital Management
• Location: London, UK (equipal)

Note: This transaction represents a significant boost for equipal, providing the necessary capital to increase headcount, enhance operational capabilities, and extend its reach in the UK's asset finance market, particularly for business purchases up to £250,000.