OppZo is a financial technology company that makes affordable asset based working capital loans available to small to medium sized businesses (SMB) in Opportunity Zones, which are economically-distressed areas of the U.S. that investors can earn a tax benefit when they are invested in. OppZo funds SMBs through its investors and balance sheet partners, which offers a new transformative impact asset class to provide investors with a risk-adjusted return that has a positive and sustainable social and economic impact on the communities funded.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
06/30/22 | $260,000,000 | Venture Debt & Equity |
Arcadia Funds | undisclosed |