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Drip Capital
Trade finance platform

About the company

Drip Capital offers trade financing products targeted toward SMEs in developing markets.

Valuation
$330.00M
Country
USA
Founded
2015

Lead investors

TI Platform Management
Barclays Investment Bank

Business highlights

1
Drip has financed over 50,000 trade transactions worth $2.8+ billion since 2015, covering over 5000 recipients from 105 countries.
2
Platform clients receive an unsecured loan for up to 80% of their working capital. The company evaluates borrowers and their transactions using its risk management system built on machine learning.
3
Drip Capital offers lines of credit ranging from $100,000 to $2.5 million, depending on the size of the business and its requirements. Companies can receive a loan on the platform two days after completing the documents.
4
The company attracts capital for issuing loans from large institutional investors and investment banks, offering them high returns.
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Funding rounds

Funding rounds chart

Management

Co-Founder
Neil Kothari
Co-Founder
Pushkar Mukewar

Offering details

No share is too expensive. Start with only a fraction to build a balanced venture portfolio. Minimum investments – 0.1 share.

Deal terms

Open an account to get access to the share price
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Documents

COMPANY TAGS:

FinTech
Early stage
LAST UPDATED:
27 September 2022
Drip Capital

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