Digital trade financing for small businesses
Company is active
Event Year: 2015
Company is active
Event Year: 2015
Drip Capital is a fintech company focused on revolutionizing trade finance for small businesses. The traditional trade finance sector is characterized by outdated, paper-based processes and dominated by banks catering primarily to large corporations. Despite small businesses representing a significant 40% of global trade, they are often underserved by these traditional institutions. Drip Capital leverages technology to reconstruct fundamental aspects of trade finance infrastructure, streamlining the underwriting and financing of B2B transactions for smaller enterprises. Their core mission is to create a more equitable landscape for small businesses, enabling them to access trade financing with unprecedented ease. With expertise spanning both finance and technology, and supported by prominent investors like Accel, Sequoia, Wing, Initialized, and Y Combinator, Drip Capital operates from offices in Palo Alto and Mumbai.
Drip Capital is a fintech company focused on revolutionizing trade finance for small businesses. The traditional trade finance sector is characterized by outdated, paper-based processes and dominated by banks catering primarily to large corporations. Despite small businesses representing a significant 40% of global trade, they are often underserved by these traditional institutions. Drip Capital leverages technology to reconstruct fundamental aspects of trade finance infrastructure, streamlining the underwriting and financing of B2B transactions for smaller enterprises. Their core mission is to create a more equitable landscape for small businesses, enabling them to access trade financing with unprecedented ease. With expertise spanning both finance and technology, and supported by prominent investors like Accel, Sequoia, Wing, Initialized, and Y Combinator, Drip Capital operates from offices in Palo Alto and Mumbai.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2015
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2015
Fintech
Fintech
Fintech -> Credit and Lending
Fintech -> Credit and Lending
Team size: 280
Hiring: Yes
Team size: 280
Hiring: Yes