Startups offering revenue-based financing are steadily gaining ground in the funding firmament. In 2021, 30 of these startups raised $1.8 billion in equity and debt, according to Dealroom data, seven times more than in 2020.
In Europe, revenue-based finance startups are popping up like mushrooms. Since Uncapped launched in London in 2019, it has been joined by Outfund, Forward Advances and Vitt in the UK, re:cap in Germany, Capchase and Ritmo in Spain, Requr in the Netherlands, Viceversa in Italy and more.
Paris-based platform Silvr just raised €130 million in Series A. Also this month, Wayflyer in Ireland this month nailed $150 million in Series B funding, becoming a unicorn with a valuation of $1.6 billion.
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