Finseta plc (LSE:FIN) has conditionally raised approximately £1.57 million through a strategic investment and share subscription, alongside announcing plans to convert £1.8 million of existing loan notes into equity.

The payments solutions company has also entered into a new affiliate agreement with financial services entrepreneur Amir Mehrad, aimed at expanding its customer base and supporting growth in Dubai and other international markets.

Homa Holdings to Invest £1.47 Million

Homa Holdings, a company wholly owned by Mehrad, has agreed to invest approximately £1.47 million in Finseta.

The investment comprises a subscription…