Colombia's Zinobe borrows from US fund

Colombia's Zinobe borrows from US fund

Funds Loans Debt Asset Management Economy & Policy Coronavirus Colombia Andean US

Colombian online financial services company Zinobe has closed a deal for up to $30 million in credit from the US investment management firm Monachil Capital Partners. Zinobe secured at least $10 million in financing, but it expand the credit line to as much as $30 million, the company said in a press release on Thursday. Zinobe was the first financial technology firm selected to participate in the Colombian government's emergency loan program for independent workers during the coronavirus pandem

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