$253M
The revenue-based finance provider has raised debt and mezzanine capital from Credit Suisse.
"Now, more than ever, eCommerce businesses need access to fair, flexible and affordable funding solutions from a trusted and resilient partner."
Portfolio
2
companies
CupClub
CupClub provides a returnable packaging service for hot and cold drinks.
Wayflyer
Wayflyer provides non-dilutive working capital and analytics for growing e-commerce businesses.
The revenue-based finance provider has raised debt and mezzanine capital from Credit Suisse.
"Now, more than ever, eCommerce businesses need access to fair, flexible and affordable funding solutions from a trusted and resilient partner."
CupClub secures £200k from investors to grow its team and scale operations.
"We plan to use these funds to build our operations team to deploy for our first major real estate client, Cushman and Wakefield, and other client sites across the UK; we aim to bring down our current manufacturing costs by x10 through new investment in tooling. There is tremendous appetite for our service, which eliminates single use plastics, increases CO2 efficiency and reduces waste for client sites."