Wishpond secures $6 million revolving credit from National Bank to fuel acquisition strategy
Wishpond, a Vancouver-based SaaS startup, has entered into a credit agreement with the National Bank of Canada’s Technology and Innovation Banking Group that would give Wishpond a $6 million secured revolving operating line.
Read MoreWishpond Announces $6 Million Revolving Credit Facility from National Bank of Canada
Wishpond is pleased to announce it has entered into a new credit facility pursuant to the terms of a credit agreement entered into between the Company and National Bank of Canada’s Technology and Innovation Banking Group (“NBC”) that provides for a 6 million dollar secured revolving operating line (the “Credit Facility”). The Credit Facility is undrawn as of today’s date.
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Three High-growth Canadian Tech Companies Benefiting from the shift to online by SMBs
SMB owners are busy juggling an exhaustive list of day-to-day operations. They need practical and simple solutions to the challenges and opportunities they face in running their business. Three growing Canadian Tech companies are taking advantage of this lucrative demographic.
Read MoreLook for more M&A from Wishpond, says Beacon Securities
Beacon Securities analyst Gabriel Leung is hopeful about Wishpond Technologies (Wishpond Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:WISH), maintaining his “Buy” rating and target price of $3.50/share in an update to clients on August 26.
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Martech News: Weekly Round-Up 01/09
Wishpond, a provider of marketing-focused online business solutions, has announced its acquisition of Brax.io for $2M.
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Wishpond Expands its Marketing Solution Offerings with Acquisition of Brax
Wishpond has announced the completion of its acquisition of Brax.io, a technology company that provides companies with a robust advertising platform. The company has also announced the appointment of Kevin Ho, Wishpond’s former Vice President of Marketing, as General Manager of Brax to help it continue to grow.
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