Carl D'ammassa

DF Capital raises £40m of growth capital

DF Capital has secured £40m in capital funding from existing and new shareholders through the issuance of new shares.

With the additional capital injection, the company aims to continue its growth and accelerate its business plan.

This follows the announcement that it provided over £1bn of cumulative funding to dealers and manufacturers since it started lending in 2017.

Carl D’Ammassa, CEO at DF Capital (pictured above), said: “This is a great vote of confidence from investors and demonstrates the significant support of the firm’s growth strategy.  

“As a recently and fully authorised bank, we have an exciting journey ahead of us - that’s undoubted.”

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