Fast Credit Limited has marked a significant triumph with the timely and successful payout of their Series 3 Commercial Paper issuance. The accomplishment underscores the company’s financial prowess and highlights its unwavering commitment to innovation and growth in the dynamic world of fintech.
With an industry reputation built on ground- breaking financial solutions and technological prowess, Fast Credit Limited ventured into Series 3 Commercial Paper issuance as a strategic move to fortify its position and amplify its impact in the market.
The endeavour aimed not only to raise capital but also to showcase the company’s robust financial health to existing and potential investors. Embarking on any financial undertaking, especially a commercial paper issuance, comes with its fair share of challenges.
However, Fast Credit Limited demonstrated resilience and adaptability, successfully navigating through market fluctuations and economic uncertainties. This resilience reflects the company’s agility and strategic acumen, traits that have become synonymous with its brand.
Fast Credit’s CEO, Emeka Iloelunachi stat- ed that the timely pay- out of Series 3 Commercial Paper was in line with earlier redemptions on Series 1 & 2 and therefore evidences the company’s core value of integrity, business innovations and strategic partnerships.
“We have not only utilized the funds in expanding our impact in our niche market but have bolstered investors’ confidence in partnering with us in our goal of redefining customer’ experience through product innovations and value creation.
These redemptions and the impending issuance of a N10billion Bond Program in April 2024 will further consolidate our successes and ultimately lead us to achieving the cardinal goal of being the leading non-bank financial institution with shared values; nationwide and beyond”.