According to recent reports from TheBlock, French crypto market maker Flowdesk successfully finalized a notable financing round valued at $102 million. This funding was predominantly sourced from equity financing, constituting approximately 90% of the total, while the remaining 10%—around $10.2 million—was raised through debt financing. Notably, the equity portion was spearheaded by the European investment firm HV Capital, alongside significant contributions from French private equity entities such as Eurazeo, Cathay Innovation, and ISAI VC; a notable fund from BlackRock also participated in the debt segment. Guilhem Chaumont, Co-founder and Global CEO of Flowdesk, emphasized that these funds will facilitate the firm’s strategic growth, including the launch of a new crypto lending platform and the establishment of an office in the United Arab Emirates.
Source: https://en.coinotag.com/breakingnews/flowdesk-secures-102-million-financing-round-to-launch-crypto-lending-platform-and-expand-into-uae/