Global finance solution for global marketing platform Locala
Locala, the global ‘drive-to-store’ marketing platform was seeking a new finance partner in 2021 after out-growing their existing lender.
As a business operating across four continents, Locala wanted a credit facility as international as itself, but also to find a partner who understood their underlying business.
With Vane’s ability to support 15+ international jurisdictions, Locala saw the value in being able to unlock capital from receivables across multiple geographical markets.
In addition, Vane understood the growth challenges of a fast-moving marketing technology business, operating in a dynamic and ever-changing industry.
The combination of international coverage and market expertise meant Locala's CFO and board were confident in the level of support offered by Vane and chose the lender to be its long-term finance partner.
Founded
2011
Sector
Advertising technology
Locations
Paris, London, Madrid, Milan, Montreal, New York, Miami, Singapore
Investors
Sofiouest, Bpifrance, Entrepreneur Venture
Team size
150
“Vane is more than a lender for us, they are a true partner who supports our growth worldwide. Their extensive knowledge of our market and the tech scale up environment makes our relationship more efficient.”
Atef Drissa
CFO, Locala
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'Vane' and 'Vane Financial' are trading styles. Vane Finance Technology Limited is a company registered in England and Wales (Company No: 9446187) and is registered in the UK with the Financial Conduct Authority reference 09446187. Vane Finance Technology Inc. is registered in the State of Delaware and operates under a California Financing Law license. Our Headquarters is Vane GmbH (HBR 162057 B), registered in Berlin, Germany.
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