Raylo

Raylo, a subscription infrastructure for leading electronics brands, has secured a £30 million debt and Series B investment led by Citibank to accelerate its expansion across device categories and international markets.

Summary of transaction details:

• Value: £30 million
• Sector: Consumer Goods
• Advisor: Not disclosed
• Key Entities: Raylo, Citibank, LG
• Location: UK

Note: This investment will enable Raylo to further establish its presence in the global market, providing customers with access to premium electronics products on a subscription basis, and demonstrating the growing demand for subscription-based services in the consumer goods sector.