Nov 2022
izicap
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 Tech & FinTech 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