saas 280m 125m junebutchertechcrunch, Platforms that provide non-dilutive funding for recurring income firms have exploded in popularity almost overnight. Pipe, which seeks to be the “Nasdaq for revenue,” received $150 million just in March, but $250 million at a $2 billion value two months later.
Capchase received an additional $280 million in debt and equity fundraising today, headed by i80 Group, following a $125 million round in June, as the fever has now spread to Europe. Contrary to Pipe, Capchase is active in both the U.S. and Europe, where in its first month of operation on the continent, it made €100 million accessible to more than 50 enterprises.
It is now operational in the UK and Spain, but this year it hopes to spread over all of Europe.
The Spanish-American company is also now introducing “Capchase Expense Financing” to help businesses manage their biggest expenditures without exhausting their cash reserves, such as legal fees, cloud hosting services, payroll and bonus payments, and recruitment fees, in either 3-, 6-, 9-, or 12-month increments.
“Our innovative expense financing solution is a first in the industry, and we believe it will be a game-changer,” said Miguel Fernandez, co-founder and CEO of Capchase. Since we began operations a little more than a year ago, we have had direct experience with the difficulties that businesses have when trying to get the funding they require to expand. One of the most frequent and challenging difficulties our customers deal with is managing significant spending and having to make difficult financial decisions. Utilizing the upfront discounts that vendors provide is another excellent way to cut costs. Users of Capchase may now pay beforehand, receive a discount, and pay Capchase on a monthly basis during the next months.
In our conversation, Fernandez identified venture debt as their major rival, saying, “That is the one we always keep fighting against.”
We can deal with any revenue, he said, not simply monthly or quarterly subscriptions. We collaborate with consumers while applying intelligence to it. What is the indicated timeline in order to attain a business goal? is just as important as the capacity to move revenues forward to discover growth.