Capcito
Grev Turegatan 9, Stockholm, Stockholms Lan, 114 46, Sweden
Overview
Capcito provides an automated digital platform offering factoring, invoice discounting and business loans to SMEs. Its credit assessment is automated and calculates available credit instantly using real-time data from invoice or accounting software. The platform has connected about 6,000 businesses, giving them access to pre-approved credit facilities. Approximately €80m has been paid out to businesses through the automated financing platform. The company plans to use new funding to drive international expansion and further sharpen its digital product. Capcito was founded to streamline SME access to working capital through automation and integrations with accounting tools.
- Total raised
- $8M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Sep 2019
Industries
- Banking
- Financial Services
- FinTech
- Lending
- Small and Medium Businesses
Recent funding
Equity
Sep 2019
$8M