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Supply@ME ( (GB:SYME) ) just unveiled an announcement.
Supply@ME Capital PLC has reported a growth in its inventory monetisation pipeline, reaching £125.2 million as of December 16, 2024, supported by signed letters of interest or term sheets. The company has finalized a new funding commitment with Société Financière Européenne S.A. to facilitate €3.5 million worth of new IM transactions, supported by a bond issued by an Italian Stock Company. The company is developing new offerings in alliance with an Italian neo banking group to provide inventory and receivables financing to Italian corporates, and continues to enhance its platform to avoid the need for a remarketer in IM transactions, potentially increasing scalability and attracting interest from asset managers.
More about Supply@ME
Supply@ME Capital PLC is a fintech company that offers a platform for manufacturing and trading companies to monetize their inventory, providing innovative financial solutions to generate cash flow. The company focuses on the Inventory Monetisation© (IM) solutions and collaborates with various partners to enhance their offerings within the fintech and asset management sectors.
YTD Price Performance: -84.62%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.51M
Learn more about SYME stock on TipRanks’ Stock Analysis page.