Fund raising just got difficult !!
Fintech lender Kinara Capital is in talks with investors to raise new capital to keep its business running.
The question is not just who will invest but also why.
The company, which lends to small businesses, is backed by impact investors including Nuveen Global Impact, Gaja Capital, British International Investment, the Michael & Susan Dell Foundation, Patamar Capital, and Gawa Capital, among others.
Ideally, existing investors are expected to pitch in to turn around a loss-making company, but will they?
Fintech lender Kinara Capital is in talks with investors to raise new capital to keep its business running.
The question is not just who will invest but also why.
The company, which lends to small businesses, is backed by impact investors including Nuveen Global Impact, Gaja Capital, British International Investment, the Michael & Susan Dell Foundation, Patamar Capital, and Gawa Capital, among others.
Ideally, existing investors are expected to pitch in to turn around a loss-making company, but will they?