Capchase, the revenue acceleration platform for Software-as-a-Service (SaaS) companies, announced a global partnership with Republic – an ecosystem of Web3 optimized financial services that are “building the digital infrastructure required to support a fully democratized future of finance.”
The partnership will enable Republic’s global portfolio of SaaS companies to have access to Capchase’s suite of financing products, “including their non-dilutive growth capital product, Capchase Grow, and their BNPL offering, Capchase Pay.”
In addition, through Capchase’s Partner Hub, its clients will “have access to Republic’s services comprised of a global equities marketplace (including the UK marketplace, Seedrs) that serves both retail and HNW customers, a digital merchant bank that is the market leader in supporting companies to unlock value via tokenization and a capitalization team that provides clients extensive deal flow across multiple business stages, sectors and markets.”
Capchase’s current suite of products will strengthen the growth of Republic’s companies in three main ways:
- For Republic’s New Companies: For companies that are actively onboarding with Republic, Capchase can provide a “debt kicker”, providing them with up to 60% of annual recurring revenue within 48 hours. This will enable companies to obtain non-dilutive growth capital as well as community engagement and capital formation through Republic and Seedrs’ various capital formation solutions.
- For Republic’s Portfolio Companies: This partnership provides companies that have previously raised capital on the platform (including globally, with Seedrs), with Capchase’s financing tools at a special rate, assisting them with revenue growth without unnecessary dilution.
- For Republic’s Future Companies: Companies aiming to secure funding and cultivate a community through Republic and Seedrs, yet lacking current eligibility, can collaborate with Capchase to enhance growth and become qualified for a capital raise.
As a part of this partnership, Capchase and Republic will also “work together in bringing relevant insights around alternative forms of financing to the tech community through a series of educational events.”
Chuck Pettid, Executive Vice President of Republic, said:
“During the current market downturn, Capchase has provided thousands of innovative founders with the funds they need to fuel their growth and deliver on their mission. We’re thrilled that this partnership with Capchase will allow the SaaS companies that work with Republic to access more capital and effectively accelerate their growth.”