3 years ago

Capital on Tap Secures £200 Million Funding Facility from JP Morgan and Triple Point

  • Capital on Tap, a UK-based fintech company providing small business credit cards, loans, cashback, and rewards, has secured a £200 million funding facility from JP Morgan and Triple Point

  • This funding will be used to provide small UK businesses with access to credit

  • Capital on Tap has over 200,000 users and has processed over £4 billion in transactions

  • The company has been operating in the US since March 2021 and recently received a $200 million investment from HSBC and Värde Partners for US growth.

      • ProblemFinancial Services

      "Small and medium-sized enterprises (SMEs) often face challenges in accessing flexible and readily available credit facilities to manage their cash flow and fund their growth."

      Solution

      "Capital on Tap provides SMEs with business credit cards, loans, and other financial tools that offer greater flexibility, rewards programs, and a streamlined application process."

      Covered on