Global Trade Alert
Global Trade Alert

Portugal: EIB provides EUR 20 million financing to Bizay for B2B e-platform

Announcement

30 Oct 2020

In October 2020, the European Investment Bank (EIB) and Bizay signed a EUR 20 million (approx. USD 23.5 million) loan to finance the company’s activities relating to its B2B electronic marketplace.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Oct 2020

Revocation date:

No revocation date

Updated: 30 Oct 2020
State loan In force

On 30 October 2020, the European Investment Bank (EIB) and Bizay signed a EUR 20 million (approx. USD 23.4 million) loan to finance the company’s tech-based B2B products.

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