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Value £48,000,000
Summary
Nivoda has secured a $60 million financing facility from i80 Group to provide working capital credit to jewellery retailers across more than 70 countries.
Summary of transaction details:
- Value: £48 million
- Sector: Business Services
- Advisor: null
- Key Entities: Nivoda, i80 Group
- Location: London, New York
Note: The financing addresses the persistent working capital shortage in the diamond and gemstone market, allowing Nivoda to offer flexible credit terms that match retailer cash flow cycles and support global expansion.
Lead Investor / Acquirer
i80 Group
Advising Broker
Undisclosed Firm
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Series A prioritisedOriginal Source
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