re:cap is a Berlin-based fintech that offers a Capital Operating System combining flexible debt, real-time liquidity management, and comprehensive capital planning. The platform enables high-growth tech companies to manage capital more effectively and reduce reliance on equity and traditional lending. Since launching in Germany in 2021, re:cap has deployed over €100 million across Germany and the Netherlands and maintains a zero-default track record. The company was founded by Paul Becker and Jonas Tebbe and has built market-leading credit decisioning software underpinning its loan book. With the new funding, re:cap plans to integrate capital, planning, and execution into a single system and expand into the UK to serve startups facing rising interest rates and investor scrutiny. The product also provides access to non-dilutive capital and real-time planning tools for founders and CFOs across Europe. re:cap provides a financing and data insights platform that combines alternative debt financing with decision-making tools for institutional investors and their portfolio companies. The platform serves tech and services businesses in Germany and the Netherlands and offers features such as real-time cash-flow monitoring, cash-based profit-and-loss statements, and runway and profitability insights. Institutional clients use re:cap Institutional to monitor portfolio cash flow in real time, automate data collection and processing, and set up smart early-warning systems; early customers include London-based Avellinia Capital and Channel Capital. Portfolio companies gain an out-of-the-box solution for holistic cash management. The company has launched Cash Insights as a standalone cash-flow management software product, which was previously available only alongside re:cap’s alternative funding. re:cap was founded by Paul Becker (CEO) and Jonas Tebbe (CPO) and is based in Berlin, Germany. Re:cap offers a revenue-based financing platform that lets recurring-revenue companies, initially SaaS businesses, access non-dilutive upfront cash. Its first product is live and can convert up to 50% of a company’s ARR into instant cash while enabling institutional investors to buy recurring revenues. The platform emphasizes fully automated underwriting and transaction processing. Re:cap raised a $111.5M Seed financing round comprised of growth capital and liquidity and earlier completed a pre-seed in May. The new capital will fund team expansion, product development, and entry into additional European markets from its launch base in Germany. Founders Paul Becker (CEO) and Jonas Tebbe (CPO) previously built the LIQID fintech startup, and the company reported securing $100M of liquidity at launch.

Total raised

$271M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jul 2025