Bending Spoons

Bending Spoons - SACE Covered Loan

Borrower (s)
Bending Spoons
Industry
Telecoms and Communications/Information technology
Area of finance
Export & Agency Finance
Region
Europe
Countries
Italy

Deal Overview

SACE is backing a loan of €70 million ($77 million) to foster the international growth of Bending Spoons, one of the country's most successful app developers.Bending Spoons has registered more than 500 million downloads and has 90 million monthly active users, according to its website. Its...

show more

SACE is backing a loan of €70 million ($77 million) to foster the international growth of Bending Spoons, one of the country's most successful app developers.

Bending Spoons has registered more than 500 million downloads and has 90 million monthly active users, according to its website. Its apps include popular video editing tool Splice and Remini, an image editor based on artificial intelligence.


show less
Deal Volume
$77.18m
Financial Close
09 May 2023
Sources

All Dealmakers

None yet provided
Tag yourself

Tranches


To view all tranche and pricing information, please sign up or log in