Portfolio
2
companies
Outfund
Outfund provides alternative revenue-based financing for small businesses.
Token
Open banking payments platform facilitating account to account transactions.
The financing round was co-led by Cota Capital and TempoCap to drive the adoption of account-to-account payments.
"In the next four years, the global value of open banking payments is expected to exceed $116 billion, with Europe accounting for 75% of all transactions,"
The equity and debt round was backed by Force Over Mass, PostFinance, 1818 Venture Capital, and Tribe Capital to fund increased lending volumes.
"Our ambition is for Outfund to be the place to go to grow your business, without compromising your equity or wasting time fundraising. This is why we have spent time developing a way to make the process of securing money for growth easier, fairer and, most importantly, faster. Our approach has been warmly received by the founders and directors so far, and now we’re looking at how we can open this up to more businesses and continue to be part of their journey to success for a long time."
