A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) announced on [Date] that it has secured a $30 million commercial line of credit from one of Israel’s largest commercial banks. The non-dilutive financing, backed by company purchase orders, is designed to support large-scale manufacturing and deployment of its Cust2Mate smart shopping carts. This strategic move is expected to accelerate the fulfillment of existing orders and global expansion plans while preserving cash and avoiding additional equity financing.
The credit facility underscores the growing demand for A2Z Cust2Mate’s AI-powered smart cart technology, which transforms traditional shopping carts into connected commerce platforms. By integrating artificial intelligence and real-time data analytics, the Cust2Mate system enables retailers to engage shoppers at the point of purchase, optimize store operations, and reduce losses. The company’s platform also provides actionable insights into in-store shopper behavior, helping retailers and brands increase revenue through targeted retail media.
This financing comes at a critical time as the retail industry increasingly adopts technology to enhance the customer experience and streamline operations. With the funds, A2Z Cust2Mate can scale production to meet growing demand, potentially expanding its footprint in markets already showing interest in smart cart solutions. The non-dilutive nature of the credit line is particularly advantageous, allowing the company to fund growth without diluting existing shareholders’ equity.
For more details on the announcement, the full press release is available at https://ibn.fm/7w2UX. Additional information about A2Z Cust2Mate and its technology can be found at the company’s newsroom: https://ibn.fm/AZ.
