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Spanish soonicorn Capchase continues with European expansion by entering the German market

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Written by Stefano De Marzo

Capchase, the leading provider of non-dilutive capital for SaaS companies, has announced its entry into Germany. The move is the latest milestone in Capchase’s expansion in Europe, following the success of its model in countries such as the US, Spain, and the UK. In 2022, Capchase also expanded to the Netherlands, Belgium, Denmark, Sweden, and Finland.

Europe is firmly positioned as a global technology player, with a record $100 billion of capital invested and 98 new unicorns by 2021. Germany is Europe’s second-largest market in Europe and is considered one of the top hubs for startups in the world, with €19.7 billion invested in startups last year alone. With recent announcements by the German government to mobilize €30 billion in startups by 2030, the technology scene in Germany is expected to grow considerably in the coming years.

Miguel Fernandez, co-founder and CEO of Capchase, said: “In today’s economic environment, founders need new ways to fund their businesses. Since our inception, we have seen a strong appetite for growth capital that is fast, flexible, and complementary to traditional capital, such as venture capital. We are pleased to partner with founders and companies based in Germany and provide scalable, non-dilutive funding to help them reach their growth potential faster.”

With the new launch, Capchase will be able to provide German startups with its market-leading services, including Capchase Grow and Capchase Analytics, with customized financial insights through its Growth Advisor service.

Frank Bertele, Managing Director Germany at Capchase, explained: “As entrepreneurs, we feel the pain of other entrepreneurs when it comes to financing and growing their business. This is where we want to help. With Capchase they not only get capital based on their needs at attractive rates, but a genuine partner to help them grow.”

Doubling monthly applications

Since its launch in 2020, Capchase has worked with 3,000 clients and made available over $1.5 billion in funding. Recently, Capchase announced $400 million in debt financing to provide committed capital support for its current and future clients, as well as to diversify current product offerings.

As startups increasingly seek funding outside of the venture capital market, Capchase has seen a doubling of monthly applications, from April through September, this year. Most of its clients invest capital to fund customer acquisition costs, key sales hires, and underwriting expenses with the flexibility to pay only for the capital they use. In addition, all clients have a Capchase growth advisor to help them optimize their capital structure and increase efficiency in their growth.

About the author

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Stefano De Marzo

Stefano De Marzo is the editor of Novobrief.