Business
A2Z Cust2Mate Secures Approval for $30 Million Non-Dilutive Financing to Scale Smart Cart Manufacturing & Deployment
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a global leader in smart retail technology, today announced that it has received approval from one of Israel's largest commercial banks to provide a $30 million line of credit (the "CommercialLine of Credit") to support the large-scale manufacturing and deployment of its smart shopping carts.
About this update from A2z Cust2mate Solutions Corp.
[{"type":"text","content":"TORONTO, May 14, 2026 /CNW/ - A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a global leader in smart retail technology, today announced that it has received approval from one of Israel's largest commercial banks to provide a $30 million line of credit (the "Commercial Line of Credit") to support the large-scale manufacturing and deployment of its smart shopping carts.","length":387,"tagName":"p"},{"type":"text","content":"The Commercial Line of Credit, to be secured by purchase orders received by the Company, is designated specifically to fund the mass production and deployment at scale of Cust2Mate's smart carts for existing orders, enabling the Company to accelerate its deployment strategy while preserving existing capital resources.","length":323,"tagName":"p"},{"type":"text","content":"This approval follows a comprehensive due diligence process conducted by the bank, which evaluated Cust2Mate's technology, purchase orders, and business model and which serves as strong validation of the Company's platform and its ability to execute at scale.","length":267,"tagName":"p"},{"type":"text","content":"The Commercial Line of Credit is intended to allow Cust2Mate to manufacture its smart carts at scale without the need to raise additional equity capital or utilize existing cash reserves, supporting the Company's continued expansion into global markets.","length":257,"tagName":"p"},{"type":"text","content":""This line of credit will significantly strengthen our financial position by providing dedicated, non-dilutive funding for manufacturing," said David Hasenfeld, CFO of Cust2Mate. "It will allow us to scale production efficiently without impacting our existing capital base or requiring additional equity financing. Importantly, it will support favorable cash flow management while preserving shareholder value and reflects strong external validation of both our financial model and long-term growth strategy."","length":529,"tagName":"p"},{"type":"text","content":"With this financing, Cust2Mate is well-positioned to accelerate rollouts of its smart cart platform, supporting retailers in enhancing in-store engagement, unlocking new revenue streams, and improving operational efficiency.","length":224,"tagName":"p"},{"type":"text","content":"About A2Z Cust2Mate Solutions Corp.","length":3...