A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) announced today that it has secured a $30 million commercial line of credit from one of Israel’s largest commercial banks. The non-dilutive financing, secured by company purchase orders, is intended to support large-scale manufacturing and deployment of the company’s Cust2Mate smart shopping carts. This funding is expected to accelerate fulfillment of existing orders and global deployment plans while preserving cash resources and avoiding additional equity financing.
The credit facility provides A2Z Cust2Mate with a strategic financial tool to scale production without diluting shareholder value. By leveraging purchase orders as collateral, the company can access capital to meet growing demand for its AI-powered smart carts, which transform traditional shopping carts into connected commerce platforms. The technology aims to enhance the in-store retail experience by enabling personalized shopping, targeted advertising, and real-time data collection at the point of purchase.
According to the company, the Cust2Mate platform helps retailers increase revenue, optimize store operations, and reduce loss across their chains. The smart carts use modular, state-of-the-art technology to provide actionable insights into shopper behavior, allowing retailers to engage customers at critical decision-making moments. The platform also supports retail media, enabling brands to deliver targeted promotions directly to shoppers through the cart interface.
This financing comes as A2Z Cust2Mate focuses on expanding its global footprint. The company has previously highlighted the potential of its technology to revolutionize the grocery and retail sectors, where smart carts can reduce checkout times, improve inventory management, and provide a seamless shopping experience. With the new credit line, the company expects to accelerate production timelines and fulfill existing orders from retailers in multiple markets.
For more details on the announcement, visit the full press release at https://ibn.fm/7w2UX. Additional information about A2Z Cust2Mate Solutions Corp. is available in the company’s newsroom at https://ibn.fm/AZ.