Berlin-based travel booking company Omio Corp. has secured a $120 million debt facility from venture lending firm Hercules Capital Inc., which it said it will use to finance mergers and acquisitions.
The company also plans to expand to Southeast Asia in the first quarter of 2025, after becoming profitable for the first time this year, Chief Executive Officer Naren Shaam said in an interview. He declined to disclose his firm’s valuation.
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