Acquiring Company
International Holding Company
Acquired Company
Zelo (formerly eFunder)
Description
International Holding Company has successfully acquired eFunder, now rebranded as Zelo. This acquisition marks a significant step towards addressing the SME credit gap in the UAE by providing faster access to funding. Zelo aims to enhance the financial capabilities of SMEs through a technology-driven platform for invoice financing. IHC's support signals a future-ready commitment to driving economic growth and innovation.
Quick answer
International Holding Company is acquiring Zelo (formerly eFunder), announced July 15, 2025. International Holding Company is based in Tilburg, North Brabant, Netherlands.
- How much did International Holding Company pay for Zelo (formerly eFunder)?
- The deal value was not disclosed.
- What does International Holding Company do?
- An international holding company specializing in architecture, engineering, and design.
- Where are International Holding Company and Zelo (formerly eFunder) based?
- International Holding Company is based in Tilburg, North Brabant, Netherlands. Zelo (formerly eFunder) is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
Source: Fundz verified event record.
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- Western Union acquires Intermex for $500 million, $500M (August 27, 2025)
- Western Union acquires Intermex for remittance growth (August 17, 2025)
- Citigroup acquires Qfin Holdings shares (August 16, 2025)
- Western Union to acquire International Money Express (August 10, 2025)
Who to call at International Holding Company, and when
When International Holding Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day International Holding Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at International Holding Company, from your own LinkedIn network
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Frequently asked
Who acquired Zelo (formerly eFunder)?
Zelo (formerly eFunder) was acquired by International Holding Company, based in Tilburg. The deal was reported on July 15, 2025. An international holding company specializing in architecture, engineering, and design. It is focused on expanding its influence in various markets, including the U.S. International Holding Company is privately held and operates in Construction.
When did International Holding Company acquire Zelo (formerly eFunder)?
International Holding Company's acquisition of Zelo (formerly eFunder) was reported on July 15, 2025. International Holding Company has successfully acquired eFunder, now rebranded as Zelo. This acquisition marks a significant step towards addressing the SME credit gap in the UAE by providing faster access to funding. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Zelo (formerly eFunder) do?
Zelo, previously known as eFunder, is a private financing platform that serves small and medium-sized enterprises (SMEs) in the UAE. It specializes in offering receivables-based funding to help businesses overcome cash flow delays. It is privately held, operating in Financial Services, and is based in Abu Dhabi.
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