Revenue Based Financing Continues to Spread at Global Pace
September 30, 2025
Earlier this month, Uber Eats joined the revenue-based financing movement by partnering with Pipe Capital.
Karl Hebert, Vice President of Global Commerce and Financial Services at Uber, said of it, “We are happy to team up with Pipe to bring working capital to Uber Eats. Restaurants are our partners at Uber, and the backbone of our communities, yet many struggle with access to capital.”
It’s an unsurprising step considering rival DoorDash rolled out a merchant cash advance program nearly four years ago, though Uber arguably began experimenting with MCAs nearly ten years ago. And Uber is hardly doing it just to do it. Uber, for example, rolled out Uber Eats Financing, a revenue based financing product in Mexico through a partnership with R2 this past January, which went so well that they also rolled it out in Chile months later.
📢 Announcing a big milestone for R2 & @Uber!
Following a successful launch in Mexico, we’ve expanded our partnership with Uber Eats to Chile — bringing frictionless access to capital to thousands of merchants across the region. https://t.co/61WgP1ZtHy
— Roger Larach (@rogerlarach) April 30, 2025
In Chile with R2, the service is described as taking place entirely within the Uber Eats Manager App with a 5-minute application process and payments made automatically and deducted by a fixed percentage from sales made using the platform.
In the US with Pipe, it says that the Uber Eats App Manager will show capital offers from Pipe that are customized based on restaurant revenue, cash flow, and business performance.
Uber joins Amazon, Walmart, Shopify, Intuit, Stripe, DoorDash, PayPal, Square, GoDaddy, Wix, Squarespace and others in offering a revenue-based financing product.
Revenue-based financing as a product type is available in but not limited to the US, Canada, Mexico, Chile, UK, Germany, Ireland, Spain, South Africa, Nigeria, India, Hong Kong, Netherlands, Australia, Japan, Brazil, Singapore, and more.
Shopify Continues to Grow its Merchant Funding Business
May 8, 2025“We continue to grow our capital business and have recently introduced several product innovations that give merchants more choice for how they manage their loans, and how they choose among various loan options,” said Jeff Hoffmeister, CFO of Shopify during the Q1 earnings call.
The company had ~$1.4B in business loan & merchant cash advance receivables on its balance sheet as of March 31, 2025. It purchased & originated $805M worth of business loans in Q1, putting it on pace to surpass the $3B total for all of 2024.
“Shopify Capital is a financing program that offers merchant cash advances and loans to eligible businesses based on the store’s location, history, use and interaction with the Shopify platform,” the company states. It is offered in the US, Australia, Canada, and the UK.
CAPEDGE Launches to Serve Mid-Sized UK Businesses with £500K–£3M Flexible, Fast Business Loans
April 10, 2025Altrincham, UK – 4/10/2025 – A new player has entered the UK’s mid-market lending space. CAPEDGE has officially launched, offering loans from £500,000 to £3,000,000 to mid-sized UK businesses seeking capital for growth, acquisitions, refinancing, bridging, and other strategic initiatives.
Designed specifically to meet the needs of businesses underserved by traditional banks, CAPEDGE delivers:
- More flexibility than banks, including higher loan-to-value (LTV) ratios
- Faster turnaround times, with funding possible in days, not weeks or months
- A relationship-based underwriting approach that looks beyond the numbers
- Larger loan amounts than many non-bank lenders, who often cap out well below £3 million
- The ability to provide short-term bridging loans – including for businesses awaiting a sale, fundraise, or refinance
CAPEDGE is actively building a network of trusted referral partners, including accountants, corporate debt advisors, investment bankers, lawyers, and business brokers, who work closely with growing UK companies.
“CAPEDGE was created to serve a segment of the market that often falls between the cracks of traditional lending,” said David Goldin, CEO of CAPEDGE. “Our value lies in our ability to move quickly and to provide capital where others may not — not because of high risk, but because we take the time to truly understand the business and its potential.”
While CAPEDGE is a new brand, it’s built on a strong foundation: it is part of the Capify family, a well-established alternative finance provider that has been supporting businesses in the UK and Australia since 2008.
For more information or to become a referral partner, visit www.capedge.co.uk.
About CAPEDGE
CAPEDGE is a UK-based alternative lender that provides flexible business loans from £500K to £3M to mid-sized companies. With a focus on speed, certainty, and relationship-driven underwriting, CAPEDGE supports businesses seeking capital for growth, acquisitions, and refinancing. CAPEDGE is headquartered in Altrincham and is part of the Capify group of companies, which has been operating in the UK and Australia since 2008. The UK operation currently employs approximately 85 team members.
For more details about CAPEDGE, visit: www.capedge.co.uk
Media enquiries
Ash Yazdani, Marketing Director
ayazdani@capedge.co.uk
PayPal: Our merchants grow after taking a business loan from us
February 5, 2025
PayPal is feeling optimistic about its business loan program now that it has been reset on a path toward growth. “As the business matures, PayPal Business Loan offers more traditional merchant financing to match the increasing complexity and multichannel nature of larger businesses,” said CEO Alex Chriss during the Q4 earnings call. “Our business financing solutions increase loyalty and engagement, driving the PayPal flywheel. Merchants typically increase their PayPal volume by 36% after adopting PayPal Working Capital and 16% after taking a PayPal Business Loan. Our merchant lending originations were $3 billion in ’24, demonstrating our leadership and that there’s plenty of room to grow to support our customers.”
PayPal offers this product in the US, Germany, France, the Netherlands, UK, and Australia.
“The PayPal Working Capital product allows businesses to access a loan or cash advance for a fixed fee, based on their annual payment volume processed by PayPal,” the company states. “The PayPal Business Loan product provides businesses with access to short-term financing for a fixed fee or interest based on an evaluation of the applying business as well as the business owner. In the U.S., these products are provided under a program agreement with an independent chartered financial institution.”
Between them, PayPal is one of the largest online business lenders in the US.
Rapital Launched to Support SMEs With Challenging Credit Situations
October 14, 2024A new Australia online lender has today been launched in response to evolving SME funding needs.
Rapital is set to transform the financial landscape to support both brokers and SME businesses facing difficulty in securing funding from existing lenders and banks.
Rapital will focus on offering a direct route for clients with challenging credit situations, such as low credit scores, with loans ranging between $5,000 and $250,000. With a focus on offering fast funding, Rapital aims to make decisions in as little as three hours so SMEs can access the cash boost they need quickly.
Access to funding remains an evergreen challenge for Australia’s SME community. According to a survey by Small Business Loans Australia, 90% of businesses indicated they would exercise caution in borrowing more money in 2024. Despite this caution, business loan demand has spiked, as reported by the Australian Financial Review. Rapital has been launched to help bridge the financing gap, providing SMEs that have been denied funding from traditional lenders with the essential cash boost they need to thrive.
Rapital’s ambition is to help turn a “no” into a “yes” for SMEs needing rapid and flexible financing solutions. The service promises an easy, transparent process with quick funding, empowering businesses to thrive and grow. In these challenging operating conditions, it is vital that smaller businesses have access to rapid and flexible capital. Rapital will offer a much-needed financial lifeline to the business profiles and industries that are often rejected by banks and other SME lenders.
About Rapital
Rapital’s mission is to empower businesses of all sizes, credit backgrounds and industries by providing brokers and SMEs with funding solutions tailored to meet the real-world challenges they encounter.
For media inquiries, please contact:
Rapital Media Team
Email: info@rapital.com.au
Website: http://www.rapital.com.au
Capify Appoints Sam Colclough as Head of Technology to Accelerate Growth in the UK & AU Markets
September 17, 2024
MANCHESTER, 17th September 2024 – Capify, a leading online SME lender, is proud to announce the appointment of Sam Colclough as Head of Technology for both the United Kingdom and Australia. Sam joins Capify at an exciting time for the company, which is experiencing a growth trajectory, leveraging a new £100 million (~$130 mil USD) credit line from Pollen Street Capital, recent senior team appointments and an expanded product suite.
Sam brings a wealth of experience and expertise to Capify. With over 20 years of IT leadership experience, Sam will spearhead Capify’s technological and data-driven innovations, empowering the business to continue its growth across the UK and Australia.
“I’m thrilled to join Capify at such an exciting time,” said Sam Colclough. “Technology is a key enabler of growth, and I’m looking forward to working with the team to further enhance our technology, data & artificial intelligence capabilities. By driving innovation and operational efficiencies, we will continue to deliver exceptional value and support to SMEs across the UK and Australia, helping them to grow and thrive.”
Founded in the UK in 2008 during the global financial crisis, Capify has become a vital financial resource for small and medium-sized businesses. Recognised for its commitment to excellence, Capify was awarded SME Lender of the Year (up to £1m) at the UK Credit Awards last year. Originally launched in the United States in 2002, Capify was one of the world’s first online alternative financing companies for SMEs. Since its creation, Capify has supported over 20,000 businesses and funded over £1.2 billion to help SMEs achieve their growth ambitions.
Capify COO/CFO, John Rozenbroek, said: “We are thrilled to have Sam join the team. His impressive track record of leveraging technology to drive business growth aligns perfectly with our mission. As we look to scale further, Sam’s leadership will be crucial in taking our data and technology to the next level, ensuring we remain at the forefront of innovation in the alternative finance space.”
Capify’s appointment of Sam Colclough underscores the company’s commitment to technological growth and innovation, ensuring it remains at the forefront of the alternative finance industry, delivering unparalleled service and support to SMEs in the UK & Australia.
Abut Capify
Capify is an online lender that provides flexible financing solutions to SMEs seeking working capital to sustain or grow their business. Originally started in the US over twenty years ago, the fintech business now operates in the UK and Australia and has served these markets for over 15 years. In that time, it has provided finance to thousands of businesses, ensuring the vibrant and vital SME community can meet the challenges of today and the opportunities of tomorrow.
For more details about Capify, visit:
Capify UK – http://www.capify.co.uk
Capify Australia – http://www.capify.com.au
Media enquiries
Ash Yazdani, Marketing Director
ayazdani@capify.com
Capify Appoints Think Business Loans Founder as Director of Strategic Initiatives
July 18, 2024
Capify, a leading SME lender, has appointed Jamie Stewart as Director of Strategic Initiatives. Jamie, the founder and former MD of Think Business Loans, brings extensive experience and SME expertise to Capify. In his role at Think, he successfully oversaw the deployment of over £1 billion in funding to more than 10,000 customers, prior to its sale to Bionic in 2019. Since then, Jamie set up Anidea, a Strategic Consultancy firm.
Jamie’s arrival marks another milestone during a significant growth phase for Capify. Having leveraged a new £100 million credit line from Pollen Street Capital earlier this year, the company has made a succession of senior team appointments recently and is actively developing an expanded product suite.
“I’m thrilled to join the team at Capify as Director of Strategic Initiatives,” said Jamie Stewart. “Capify is a pioneer in the alternative lending space, with a solid foundation and a clear vision for the future. As a forward-thinking entrepreneurial company with a new range of innovative products, Capify is poised for significant growth. I look forward to collaborating with the team to develop new partnerships that will further enhance our ability to provide quick, reliable funding solutions to SMEs.”
Founded in the UK in 2008 during the global financial crisis, Capify has become a vital financial resource for small and medium-sized businesses. Recognised for its commitment to excellence, Capify was awarded SME Lender of the Year (up to £1m) at the UK Credit Awards last year. Originally launched in the United States in 2002, Capify was one of the world’s first online alternative financing companies for SMEs. Since its creation, Capify has supported over 20,000 businesses and funded over £1.2 billion to help SMEs achieve their growth ambitions.
John Rozenbroek, COO/CFO at Capify, commented, “We’re delighted to welcome Jamie to the Capify team. His extensive experience in SME lending and his proven ability to drive strategic growth are exactly what we need as we expand our operations and introduce new products. Jamie’s insight and leadership will be invaluable in achieving our mission to support SMEs with the funding they need to thrive.”
“Jamie’s appointment underscores our commitment to strategic growth and innovation, ensuring it remains at the forefront of the alternative finance industry, delivering unparalleled service and support to SMEs in the UK”.
ABOUT CAPIFY
Capify is an online lender that provides flexible financing solutions to SMEs seeking working capital to sustain or grow their business. Originally started in the US over twenty years ago, the fintech business now operates in the UK and Australia and has served these markets for over 15 years. In that time, it has provided finance to thousands of businesses, ensuring the vibrant and vital SME community can meet the challenges of today and the opportunities of tomorrow.
For more details about Capify, visit:
http://www.capify.co.uk
Media enquiries
Ash Yazdani, Marketing Director
ayazdani@capify.co.uk
Online SME lender Capify secures $125 million credit facility from Pollen Street Capital
April 29, 2024Leading online SME lender Capify has today secured a $125 million credit facility from Pollen Street Capital (“Pollen Street”), an alternative asset manager dedicated to investing within financial and business services.
The new facility will support the lender’s ambitious future growth plans and provide working capital to thousands of SMEs over the coming years.
Founded initially in the United States in 2002, Capify was one of the world’s first online alternative financing companies for SMEs. It was launched in the UK and Australia in 2008, against the backdrop of the global financial crisis, when many small and medium-sized businesses were struggling to access vital funding from banks. Last year it was named the UK Credit Awards SME Lender of the Year (up to £1m).
“We are extremely excited about our future relationship with Pollen Street, a capital provider with a proven track record of partnering with impactful and innovative businesses. This deal represents another significant milestone for Capify and underlines the strength of our business model in providing fast, flexible and responsible support to SMEs”, said David Goldin, Founder and CEO of Capify.
“We are absolutely delighted to secure this financing deal with Pollen Street” added John Rozenbroek, CFO/COO at Capify. “The credit facility will enable us to continue on our growth trajectory while offering even more attractive and innovative solutions to the growing number of small businesses in need of funding. We are passionate about the vital role SMEs play in the success of any economy . This new multi-year credit facility allows us to provide much-needed access to capital for SMEs to help them manage and prosper, whilst also enabling us to deliver on our own growth plans”.
“With continued investment in our platforms and customer experience, we will streamline our processes and provide even faster decisions to brokers and SMEs,” said Rozenbroek. “These enhancements underline our commitment to leveraging technology to meet the fast-evolving needs of small businesses, ensuring they have quick access to capital and can seize growth opportunities more effectively.”
“We are impressed by Capify’s seasoned management team and their enduring presence in the market. Since its inception in 2008, Capify has been at the forefront of online SME lending in both the UK and Australia, consistently demonstrating its commitment to the sector. Capify successfully addresses the needs of the underserved market segment, resulting from a chronic undersupply of bank financing, and promotes both financial inclusion as well as regional economic growth, aligning closely to Pollen Street Capital’s ESG framework. We are delighted to partner with Capify and support their ongoing growth” added Ethan Saggu, Investment Director at Pollen Street Capital.
About Capify
Capify is an online lender that provides flexible financing solutions to SMEs seeking working capital to sustain or grow their business. Originally started in the US over twenty years ago, the fintech businesses have been serving the SME market in the UK and Australia for over 15 years. In that time, it has provided finance to thousands of businesses, ensuring the vibrant and vital SME community can meet the challenges of today and the opportunities of tomorrow.
For more details about Capify, visit:
http://www.capify.co.uk
http://www.capify.com.au
About Pollen Street Capital
Pollen Street is a purpose led and high performing private capital asset manager. Established in 2013, the firm has built deep capability across the financial and business services sector aligned with mega-trends shaping the future of the industry. Pollen Street manages over £4.2bn AUM across private equity and credit strategies on behalf of investors including leading public and corporate pension funds, insurance companies, sovereign wealth funds, endowments and foundations, asset managers, banks, and family offices from around the world. Pollen Street has a team of over 80 professionals with offices in London and the US.
For more information, visit: www.pollenstreetgroup.com
Media enquiries
Capify
Ash Yazdani
Ash.yazdani@capify.co.uk
Pollen Street Capital
PollenStreetCapital-LON@fgsglobal.com
