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US Capital Partners Engaged on $10MM Equity Investment for MoneyOnMobile

Date: Sep 14, 2016 @ 06:45 AM
Filed Under: Industry News

US Capital Partners Inc. has been engaged by MoneyOnMobile, Inc. as its exclusive strategic advisor in capital formation needs. MoneyOnMobile will use the new financing to provide working capital, expand its sales and marketing activities, and meet other current and future business needs as it pursues its growth plans.

US Capital Partners Inc. is a private investment bank headquartered in San Francisco. Through its affiliate broker dealer, US Capital Global Securities, Inc., the firm facilitates equity private placements, makes direct debt investments, participates in debt facilities, and has a wide distribution for these services and financial products for small and medium-sized businesses.

Harold Montgomery, Chief Executive Officer at MoneyOnMobile, said: “We appreciate the responsive customer service of US Capital Partners in helping us settle our complex financing matters. We are thankful for their flexibility, which made this process a smooth experience.”

“We are delighted to be assisting MoneyOnMobile in a strategic investment banking role,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “The opportunity to participate in MoneyOnMobile’s $10 million equity raise is now open to eligible investors through our digital investment platform, available at www.uscgs.com, which offers a curated selection of private placement opportunities.”

MoneyOnMobile, Inc., is a world leader in mobile money solutions through its Indian subsidiary based in Mumbai, India.

Since 1998, US Capital Partners has been providing well-structured, custom finance solutions to private and public companies in the United States and abroad. Headquartered in San Francisco, US Capital Partners, operating with its affiliate US Capital Global Securities Inc., is a full-service private investment bank with a wide distribution for debt and equity private placements. The group makes debt investments between $500,000 and $100 million, participates in debt facilities, and offers asset management, financial advisory services for buy-side and sell-side engagements, and capital formation, including early-stage financings requiring equity or debt.

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