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FreshBooks secures 125 million in debt financing from Morgan Stanley

FreshBooks has secured a $125 million senior debt financing agreement with Morgan Stanley, aimed at refinancing existing debt and supporting the company's growth. The Toronto-based fintech, which specializes in cloud-based accounting software for SMBs, has previously attracted investments from major players like JP Morgan Chase and achieved unicorn status in 2021. This financing aligns with Morgan Stanley Expansion Capital's strategy to invest in fintech, following recent investments in other financial technology firms.
FinTech Futures
United States Dollar Morgan Stanley JPMorgan Chase & Co. CAN USA Nick Nocito
Finance & Economy, News Article
13:21 25.03.2025
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Corporate News Startups & Entrepreneurship Economic Indicators Global Trade Developments Market Analysis and Predictions
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