INVL Bridge Finance successfully completed its investment in Finto Capital, facilitating a bond buyback and supporting the company's expansion into European markets.

Information on the Target

SIA 'Finto Capital' is a leading vehicle leasing company in Latvia, specializing in providing automotive leasing solutions to individual customers. Recently, the company successfully attracted international investment from a German fund, enabling it to buy back nearly €5 million in bonds from 'INVL Bridge Finance,' part of 'INVL Asset Management,' a prominent alternative asset manager in the Baltic region. This strategic move highlights Finto Capital's robust growth over the past three years, during which it tripled its loan portfolio and positioned itself as an attractive opportunity for larger international investors.

The early buyback of bonds signifies more than just financial strategy; it underscores Finto Capital's solid foundation and readiness for expansion. The funds obtained from this financing round will not only help the company expand its current loan portfolio, valued at €7 million, but will also support its entry into other European markets.

Industry Overview in Latvia

Latvia's automotive leasing sector has been on an upward trajectory, driven by the growing number of individuals seeking accessible financing options for vehicles. The increasing consumer confidence has spurred demand for leas