Latest News
Raketech signs credit facility of EUR 15 million to support continued growth through acquisitions

Raketech, the iGaming performance marketing partner, announced that the company has signed a one-year revolving credit facility of EUR 15 million with Avida Finans AB. The credit facility enables Raketech to continue to grow through strategic acquisitions and can further be used for financing of working capital, other investments and other general corporate purposes. Interest on the facility is 4,25% plus an annual commitment fee paid upfront. The facility will replace the existing credit facility of EUR 10 million with Swedbank.
Oskar Mühlbach, CEO of Raketech said: “We are delighted to enter into this new relationship with Avida Finans and take advantage of the strong debt markets to strengthen our financial flexibility. The new agreement offers beneficial terms and enables us to keep a high pace in our M&A activities to propel our group growth on strategically important markets”.
The credit facility includes an extension option and can thus be renewed annually from its first date of utilization subject to certain conditions. Raketech will continue to evaluate further long-term financing opportunities, in line with its growth strategy and M&A agenda.
-
Asia6 days ago
PAGCOR CHAIRMAN, ENTIRE BOARD TENDER COURTESY RESIGNATION
-
Africa7 days ago
SOFTSWISS Steps Onto The South African Tech Stage
-
Africa6 days ago
World Sports Betting Partners with Comrades Marathon Association
-
Asia7 days ago
Parimatch renews commitment to Southeast Asia at SiGMA Manilla
-
Latest News7 days ago
BonusFinder UK Survey: Public Trust in Online Gambling & Bonus Offers in 2025
-
Asia6 days ago
BETBY TO TAKE CENTER STAGE AT SiGMA ASIA MANILA WITH PARTICIPATION ON PANEL ABOUT EMERGING TECH IN SPORTS BETTING
-
Australia7 days ago
Crown Perth Announces Two Leadership Appointments
-
Latest News7 days ago
Amelco debuts newly upgraded horse racing product