IHC invests AED734M in Lulo Colombia
Lulo Bank S.A. raised $200M Capital investment led by International Holding Company PJSC on October 10, 2022.
- Primary
- Lulo Bank S.A.
- Counterparty
- International Holding Company PJSC
- Amount
- $200M
- Structure
- Capital investment
- Date
- October 10, 2022
- Sub-sector
- Neobank
Abu Dhabi conglomerate enters Latin American neobank market via investment in Colombia's first regulated digital bank with 120K+ users.
Source: bignewsnetwork.com