TPG-Backed Yoco Gets Private-Credit Deal With $3.6 Billion Firm
THE SO WHAT
A $100 million private-credit line for Yoco is another data point that growth-stage capital is shifting from equity to structured debt for fintech infra in emerging markets. If you’re a later-stage operator outside the US/EU, assume valuation-sensitive equity is scarce and build plans around revenue-backed or asset-backed facilities.
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