re:cap secures €125m credit facility to launch in the UK market
The Berlin fintech has raised the debt funding from HSBC Innovation Banking UK and Avellinia Capital to expand its Capital OS platform.
≈ £108M at €1 = £0.8660 on 11 Jul 2025
Berlin-based fintech provider offering a capital operating system that combines non-dilutive debt funding with liquidity management software for technology businesses.
Berlin-based fintech re:cap has secured a €125m credit facility for onward lending, backed by HSBC Innovation Banking UK and Avellinia Capital. The funding supports the company's official expansion into the UK market, allowing it to offer non-dilutive capital and financial planning tools to British technology firms. Operating its Capital OS platform, the business aims to provide tech companies with flexible debt financing alongside real-time cash flow and liquidity management.
Founded in 2022 by Paul Becker and Jonas Tebbe, re:cap previously raised capital from backers including Entrée Capital, Felix Capital, Project A, and Mubadala Capital. The platform targets technology businesses with at least €1m in annual recurring revenue, helping them finance growth and navigate profitability without equity dilution.
From the founder
"With our funding product, we’re solving the challenge that tech companies so far would mostly use equity funding to fund their growth. This is a very costly capital source, as it comes with dilution and loss of control. Traditional banks rarely lend to unprofitable tech companies, and venture debt is usually only available for later-stage companies (and often comes with dilution/loss of control as well). With re:cap, tech companies starting from roughly 1m ARR get a flexible, tailored and transparent option to receive growth capital."
Paul Becker
CEO at re:cap
Use of funds
- 01Expand into international markets