Voi Technology has secured a €150 million revolving credit facility from three Nordic banks, including Danske Bank, Swedbank, and DNB Sweden. This facility aims to redeem outstanding bonds and support the scaling of Voi's e-scooter and e-bike fleet across Europe.
The new facility is considered a significant milestone in Voi's financial development, enabling more flexible and cost-efficient financing options. According to CFO Mathias Hermansson, this funding follows strong cash flow generation over the past years and highlights the continued support of existing banks alongside new input from DNB Bank.
