Raylo secures £30m in equity and debt for device subscriptions
Citibank leads £10m of equity, while NatWest provides £20m of debt.
Raylo secured a £30 million financing package, reported on January 26, 2026. It combines £10 million of equity led by Citibank with £20 million of debt from NatWest.
The UK electronics subscription company will use the financing to support domestic growth and prepare a US launch planned for the second half of 2026. The raise accompanies an LG partnership adding TV and audio products to its subscription offering.
Use of funds
Continue UK growth
Prepare a US launch in the second half of 2026