Nov 2022

Sole Financial Adviser
€ 15.0 million
Secures venture debt funding from the European Investment Bank
Izicap
Sole Financial Adviser
Kempen & Co acted as Sole Financial Adviser to Izicap in its €15m venture debt funding round
Transaction highlights
- Izicap, a French SaaS-based card-linked loyalty and CRM provider for SMEs, has obtained €15m in venture debt funding. Izicap plays a pivotal role in the payments space strengthening the proposition of merchant acquiring banks and other payment companies to local merchants
- The funding comes from the European Investment Bank, which is the lending arm of the European Union and the biggest multilateral financial institution in the world
- The funding supports Izicap’s investments in technology, product development and sales and marketing to accelerate growth and international expansion
- Kempen & Co’s Technology team acted as a Sole Financial Adviser to Izicap in the funding round. The transaction follows on a series of other venture debt transactions by innovative clients advised by Kempen & Co
About Izicap
- Izicap’s main strategic objective is to improve the product offering of acquiring banks to SMEs by providing local businesses with an innovative card-linked CRM & Loyalty solution, which transforms payment terminals into powerful marketing tools
- Izicap sells its product to merchants via acquiring banks and has partnerships with three out of the top ten acquiring banks in Europe
- Izicap's partners include a number of key players in the payments ecosystem, such as Groupe BPCE, Crédit Agricole, Nexi and Mastercard
- Izicap’s SaaS proposition and fully in-house developed platform allows for fast time-to-market and scalability
- Izicap was established in 2013 by the founder-led management team