trending Market Intelligence /marketintelligence/en/news-insights/trending/om4A5kVO5y2d1g7QxSOzzw2 content esgSubNav
In This List

Net Element units amend credit facility

Blog

Fintech Intelligence Digital Newsletter: May 2021

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Fintech Intelligence Digital Newsletter: April 2021


Net Element units amend credit facility

Net Element Inc.units TOT Group Inc., TOT Payments LLC, TOT BPS LLC, TOT FBS LLC, Process Pink LLC,TOT HPS LLC and TOT New Edge LLC on May 2 entered into an amendment to a loan andsecurity agreement with RBL Capital Group LLC.

The amendment renews the term of the credit facility for an additional22 months and raises the maximum funding amount for the facility to $15 millionfrom $10 million, according to a Form 8-K filed May 4.