Drip Capital has secured $113 million in new funding to develop new products and to accelerate the growth of its digital platform for trade finance. The company has quadrupled its revenue and doubled its customer base over the past two years, despite rising interest rates...
Access to working capital remains a critical pain point for small- to medium-sized businesses (SMBs). Unlike larger companies who commonly enjoy longstanding relationships with their preferred financial institutions, SMBs often need additional help accessing sources of capital. These cash flow concerns can lead to SMBs needing...
Drip Capital and Vayana TradeXchange have partnered on trade finance services for small to medium-sized exporters. Through this partnership, Drip Capital — which offers post-shipment export financing — will use Vayana’s International Trade Finance Service (ITFS) platform to convert Indian exporters’ trade receivables into cash,...
Digital cross-border trade finance platform Drip Capital raised $175 million, including $40 million in a Series C funding round and $135 million in warehouse debt facilities, according to press release on Thursday (Oct. 28). The Series C was led by TI Platform, along with participation...
January 19, 2023
Access to working capital remains a critical pain point for small- to medium-sized businesses (SMBs). Unlike larger companies who commonly enjoy longstanding relationships with their preferred financial institutions, SMBs often need additional help accessing sources of capital. These cash flow concerns can lead to SMBs needing more time to pay their suppliers, further impacting their creditworthiness […]
January 21, 2021
As the holiday shipping delay season fades into the books, the feeling of ordering something and doubting its arrival should be fresh in the minds of American consumers. Now imagine...
September 05, 2024
Drip Capital has secured $113 million in new funding to develop new products and to accelerate the growth of its digital platform for trade finance. The company has quadrupled its revenue and doubled its customer base over the past two years, despite rising interest rates that challenged the global trade sector during that time, Drip […]
December 22, 2022
Drip Capital and Vayana TradeXchange have partnered on trade finance services for small to medium-sized exporters. Through this partnership, Drip Capital — which offers post-shipment export financing — will use...
October 28, 2021
Digital cross-border trade finance platform Drip Capital raised $175 million, including $40 million in a Series C funding round and $135 million in warehouse debt facilities, according to press release...
March 25, 2021
Silicon Valley’s Drip Capital has inked a deal with East West Bank that will provide the financial technology company with a $40 million line of credit. The FinTech said, in...
