Radar > 245270

Digital Origin to negotiate funding round of up to EUR 150m

Digital Origin podría negociar una ronda de financiación de hasta EUR 150m

Intel ID : 245270
Synopsis

Digital Origin, a UK-based technology startup and owner of Quebueno.es and Pagamastarde.com, could be negotiating a funding round of up to EUR 150m to strengthen its business in Spain, reported El Español on 15 February 2017.

According to the report, the transaction will close throughout 2017. At the moment, it is unknown whether the sum will be given in exchange for shares in a capital increase or as debt.

Overall, Digital Origin registers over EUR 12m in revenue.
(content in spanish)

Digital Origin, startup tecnológica con sede en Reino Unido, dueña de los portales Quebueno.es y Pagamastarde.com, podría estar negociando una inyección de capital de hasta EUR 150m para consolidar su negocio en España, según ha informado El Español el 15 de febrero de 2017.

Según lo publicado, está operación se cerrará a lo largo de 2017. Por el momento se desconoce si esa cantidad será aportada a cambio de participaciones en una ampliación de capital o como deuda.

En conjunto, Digital Origin suma más de EUR 12m de ingresos.

Target


Intel ID 245270
Value EUR 150,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
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Subsector (Old TTR Sectors)
Type
Intel Grade
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Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Internet (Primary)
Services and Distribution / Financial and Insurance
Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Services and Distribution / Financial and Insurance
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Technology and Telecoms / Internet (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.