Capchase Announces Integration With Stripe

Non-dilutive capital startup Capchase is integrating with financial infrastructure platform Stripe, thus making Capchase’s services available on the Stripe App Marketplace.

According to a Monday (July 11) news release, Stripe customers now have access to Capchase’s offerings — including its recurring revenue financing tool Capchase Grow — through Stripe’s interface without having to switch between platforms.

“Capchase is proud to be working with Stripe to offer flexible financing to millions of growing businesses,” Capchase Co-founder and CEO Miguel Fernandez said in the announcement. “At Capchase, our mission is to improve founders’ financial operating efficiency through better technology — so working with Stripe who is a true pioneer in financial technology was a natural fit.”

Related: Capchase Secures $80 Million in Series B Funding

Capchase says it provides funding to Software-as-a-Service (SaaS) companies that lets them access capital on a recurring basis while streamlining fundraising. Its customers typically use this capital to finance customer acquisition costs, make new sales hires, and pay for subscription expenses.

Founded in 2020, New York City-based Capchase has registered more than 3,000 companies in 10 countries in North America and Europe, making upwards of $2 billion in funding available.

In March, Capchase announced it had raised $80 million in a Series B growth equity funding round. This year also saw the company expand its services to the Scandinavian region and launch its new European headquarters in London.

Learn more: Revolut Teams With Stripe to Power International Growth

Stripe is based in Silicon Valley and Dublin, Ireland, and was founded in 2009 by brothers John and Patrick Collison, the firm’s president and CEO, respectively. The company powers digital and in-person payments and provides payment processing software and application programming interfaces for eCommerce services and apps.

Last week, the company teamed up with FinTech firm Revolut to power Revolut’s expansion into new markets and support payments in the U.K. and Europe.

“Revolut builds seamless solutions for its customers,” said David Tirado, vice president of business development at Revolut. “That means access to quick and easy payments, and our collaboration with Stripe facilitates that.”