Secfi announced a $550 million investment facility from Serengeti, which was also an early-stage venture investor in the company and was extending its decade-plus credit franchise into underwriting and investing in leading private technology companies through stock financings. Founded in 2017, Secfi had raised $7 million in venture capital and operated from San Francisco, London and Amsterdam. The FT reported the company used forward purchase agreements to give employees cash in exchange for proceeds from future share sales.
Disclaimers: For accredited investors only. This is not an offer to sell securities. All financing is subject to eligibility, due diligence, and final approval.
