UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.

Sonovate partnered with working capital fintech Demica, to assist Sonovate and BNP Paribas on the transaction. Funding partner of Sonovate, M&G Investments, also invested £15 million as part of the agreement.

Read the full article by Finextra here