Capchase has been added to Stripe’s App marketplace so users may gain access to credit. Stripe customers can now access Capchase’s offerings, including Capchase Grow (Recurring Revenue Financing) and Capchase Extend (Expense Financing), directly through Stripe’s interface.
Miguel Fernandez, co-founder and CEO of Capchase, said their mission is to improve founders’ financing through better technology.
Capchase states that by being included on the Stripe platform, the borrowing process can take less time and friction to gaining access to capital.
Since Capchase was founded in 2020, the company reports that it has registered over 3,000 companies in 10 countries in North America and Europe.
Capchase has also launched a series of strategic partnerships to further increase access to capital including with AWS, Mercury, Techstars, and Baremetrics, who all offer Capchase’s services to their customers.
Capchase’s Capscore is designed to forecast a company’s next 12 months’ worth of revenue and to lend money based on this score.