Ampla Secures $275 Million Credit Facility from Citi and Waterfall Asset Management to Fuel Continued Expansion
Summary
This brings the total capital raised by Ampla to over $600 million from top tier investors, including Goldman Sachs and Atalaya Capital.Amplas ability to secure this substantial credit facility underscores confidence from the broader capital markets community in its value proposition, and its commitment to serving consumer brands by providing tailored software products and financial services. Amplas diverse product lines are designed to meet the unique needs of businesses, providing them with the flexibility required to navigate todays dynamic market landscape. "This additional capital marks a significant milestone for Ampla as we continue our mission to empower consumer brands, and comes at a time when we are aggressively expanding our product offerings to include a broader base of cards and software products," said Anthony Santomo, CEO of Ampla.Justin Myers from Waterfall Asset Management added, "Amplas commitment to innovation and its track record effectively serving consumer brands is commendable. "The closing of this facility follows Amplas successful partnerships with Goldman Sachs and Atalaya Capital Management, highlighting the companys ability to secure top-tier financial backing. Amplas continued growth is a testament to its resilience and unwavering commitment to delivering value to consumer brands.