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UK Firm Purely Capital’s FinTech Platform, Which Cashflows License Fee Payments, Secures $150M Funding Line

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deadline.com
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By Tom Grater International Film Reporter Purely Capital, the UK startup that has launched a FinTech (financial services technology) receivables platform allowing rights owners to cashflow license fee payments, says it is has secured a $150M institutional funding line that will allow it to operate at ‘bank level’ pricing.

The backer is a big-ticket financial investor that has opted to keep its name out of press. The company has, however, made significant moves in the sector in the last 12 months.

To date, Purely Capital has financed more than $35M in deals, buying long dated income from companies including Netflix, Amazon, Disney, Viacom, HBO and Starz.

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