2 years ago

Uncapped Secures €230 Million to Expand Funding Opportunities for Founders

  • Uncapped, a leading fintech company that provides funding for digital entrepreneurs and high-growth businesses, has secured a €230 million debt facility from funds managed by affiliates of Fortress Investment Group LLC

  • The funding will enable Uncapped to expand its reach and provide access to non-dilutive working capital for digital businesses in the US and Europe

  • Uncapped has funded over 1000 founders to date and finances a wide-array of sectors including ecommerce, direct-to-consumer (DTC), fashion, software as a service (SaaS), gaming and app development

  • The company's service is available in the United States, United Kingdom, Germany, Spain and Poland.

    • ProblemFinancial Services

      "Digital businesses, especially high-growth ones, often face challenges securing funding quickly and easily, especially when they need working capital for scaling, bridging seasonal shortfalls, investing in growth opportunities, or covering unexpected expenses. Traditional funding methods can be time-consuming, require personal guarantees, and involve equity dilution, hindering their growth potential."

      Solution

      "Uncapped provides a simple and reliable alternative to traditional funding by offering short-term, non-dilutive working capital from £10K to £10 million. Their online application process is quick and efficient, with decisions made within 24 hours. This allows businesses to access the funds they need without giving up equity or facing burdensome requirements, enabling them to scale their operations, invest in growth opportunities, and navigate unexpected challenges."

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