Ayima Raises Growth Funding

Ayima today announced that it has raised 9 MSEK in debt financing from a leading Nordic financial institution. The debt is repayable over a 5-year term at a fixed interest rate and is not convertible to shares. The funds will be used to finance growth in the US and UK markets.

Ayima’s CEO Mike Jacobson commented “Ayima is growing very rapidly, and although we are profitable and expect to stay that way, rapid growth always puts pressure on cashflow. This current funding will allow us to hire and expand faster in order to take advantage of the massive opportunities that arise as the world’s economy gets back on track”.

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