IHC invests AED734 million in Lulo Colombia
Lulo Colombia S.A. raised $200M Capital investment led by International Holding Company PJSC (IHC) on October 10, 2022.
- Primary
- Lulo Colombia S.A.
- Counterparty
- International Holding Company PJSC (IHC)
- Amount
- $200M
- Structure
- Capital investment
- Date
- October 10, 2022
- Sub-sector
- Neobank
IHC enters Latin America fintech market via equity stake in Colombia's first regulated digital bank with 120k+ users.
Source: caribbeanherald.com