IHC invests AED734M in Lulo Colombia S.A.
Lulo Bank S.A. raised $200M Capital investment led by International Holding Company PJSC (IHC) on October 10, 2022.
- Primary
- Lulo Bank S.A.
- Counterparty
- International Holding Company PJSC (IHC)
- Amount
- $200M
- Structure
- Capital investment
- Date
- October 10, 2022
- Sub-sector
- Neobank
IHC expands into Latin American digital banking with stake in Colombia's first regulated neobank targeting regional growth.
Source: brazilsun.com