Addleshaw Goddard Advises Mbanq on US$100 Million Funding Programme and Inaugural Investment

"Addleshaw Goddard advised Mbanq on the launch of a US$100 million institutional funding programme and its inaugural investment by a Swiss private bank. The programme issues US dollar loan participation notes on the Open Market (Freiverkehr) of the Düsseldorf Stock Exchange; notes are issued by Encore Issuances S.A., with Barons Capital Partners S.A. advising."

Addleshaw Goddard acted as legal counsel to Mbanq. Mbanq, a U.S.-based provider of banking infrastructure and embedded finance technology, has received its inaugural investment from a Swiss private bank through a newly established institutional funding programme. The investment will support the continued expansion of Mbanq’s lending activities and its Earned Wage Access platform, identified as a key growth area for the business. The funding programme is structured through U.S. dollar-denominated loan participation notes admitted to trading on the Open Market (Freiverkehr) of the Düsseldorf Stock Exchange and has an aggregate capacity of up to US$100 million. Notes under the programme are issued by Encore Issuances S.A., while Barons Capital Partners S.A. acted as adviser on the transaction. Addleshaw Goddard represented client Mbanq with a team composed by: Partner Nadine Bourgeois and Counsel Nikolos Tsagareli (both Finance, Frankfurt).

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Addleshaw Goddard Advises Mbanq on US$100 Million Funding Programme and Inaugural Investment

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Addleshaw Goddard Advises Mbanq on US$100 Million Funding Programme and Inaugural Investment

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