Specialty lender Capify has received a $125 million credit facility from Pollen Street Capital.
Capify is an online lender that offers financing solutions to SMEs seeking working capital. Originally started in the US, the company also serves the SME market in the UK and Australia.
David Goldin, founder and CEO of Capify, said the financing is a significant milestone in their business, underlining the strength of their operations.
Ethan Saggu, Investment Director at Pollen Street Capital, complimented the platform, adding that Capify successfully addresses the needs of the underserved market segment, which has resulted from a chronic undersupply of bank financing.
Pollen Street currently manages over £4.2 billion in AUM across private equity and credit for investors, including institutional money, family offices sovereign wealth, endowments and more.
