Perk Secures $300 Million Credit Facility for Global Growth
Hamid Siddiqui
News
No image for this briefing
Perk, formerly TravelPerk, has secured a $300 million private credit facility led by Neuberger Specialty Finance, replacing a $134 million line. With revenues of $300 million and sales growth of 48%, the company aims to enhance its AI-driven products and launch an integrated spend platform in the US. Backed by prominent investors, Perk is positioned as a leader in the travel and spend management sector.