Trade finance platform

portfolio

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.

Funding rounds

udrp graph

Management

Co-Founder

Neil Kothari

Co-Founder

Pushkar Mukewar

Deal terms

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Company tags:
FinTech Early stage
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Last updated:
27 September 2022

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