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Drip Capital Surpasses $1 Billion in Cross-Border Trade Receivables Financing Transactions

Jan 14, 2021almost 5 years ago

Amount Raised

$1 Billion

Palo Alto

Description

Drip Capital has reached a major company milestone; financing over US$ 1B of cross-border trade through its platform. The global fintech company provides working capital solutions to small and medium-sized importers (SMBs) in the United States and exporters in emerging markets like India and Mexico.

Company Information

Company

Drip Capital

Location

Palo Alto, California, United States

About

Drip Capital is a fintech company that is transforming global trade finance. Drip Capital offers digitized trade financing solutions in markets like US, India and Mexico by providing small and medium business (SMBs) clients access to working capital and currently works with over 3,500 sellers and buyers across 80+ countries. The company acts as a strategic financial partner to these SMBs, allowing them to effectively manage their cash flows/working capital to accelerate sustainable business growth. Drip Capital was honored as a CB Insights Top 250 Global Fintech Company in 2020. For further information on Drip Capital, please visit www.dripcapital.com