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News  ›  Benzinga

Marblegate Capital Corporation Closes on $137 Million in Financings to Support Fleet Operations Growth, Strategic Initiatives

Benzinga Logo Benzinga By Prnewswire
Marblegate Capital Corporation Closes on $137 Million in Financings to Support Fleet Operations Growth, Strategic Initiatives

Marblegate Capital Corporation (MGTE) has closed $137 million in financing, including a $120 million revolving credit facility with DZ Bank and a $17.2 million term loan with Auxilior Capital Partners. The funds will support Signal Taxi's fleet expansion, medallion acquisitions, and driver experience improvements. In 2025, Signal Taxi added more vehicles than any other NYC taxi fleet operator.

Insights
MGTE   positive

Company successfully closed substantial financing ($137M) to support growth, expanded fleet operations in 2025 with more vehicles added than competitors, and plans additional Taxi Clubhouse locations. Strong operational momentum and access to capital indicate positive business trajectory.