Deutsche Bank Commits €105 Million to Capchase, Will Support Saas Firms

Deutsche Bank is providing Capchase with a €105 million credit facility. Capchase is a “revenue acceleration firm” for Software-as-a-Service (SaaS) companies.

According to Capchase, the financing contributes to the more than $1 billion in combined debt and equity financing it has received since its founding in 2020.

Capchase states that the money is needed as startups in Europe have “surged” by a whopping 50% in 2023. At the same time, VC money has tanked

Miguel Fernandez, co-founder and CEO of Capchase there has been a growing interest among European startups in non-dilutive funding.

“With the latest €105 million of debt financing, we can continue to serve as a key financial partner to UK and European SaaS businesses, supporting their growth in the current economic climate.”

Ayaas Bhamla, vice president of capital markets at Capchase, said that a global banking partner like Deutsche Bank supports their mission, helping the company to provide customers with the capital and tools they need to thrive.

Capchase supports B2B SaaS companies to grow with non-dilutive capital. In total, more than $2 billion in funding is available to the SaaS industry.

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