At Capchase, our mission is to power the growth of companies with recurring revenue streams via the most flexible non-dilutive capital in the market. Our vision is to put funding on autopilot so that founders keep more of their company and focus on building their businesses.
When we met Immad Akhund and Jason Garcia from Mercury - a dominant banking solution for digitally native businesses - it was clear to us that we were aligned on our mission to help startups thrive. Mercury’s vision is to reinvent the banking experience with startups in mind. Today, more than 40,000 businesses rely on Mercury for their startup banking needs and Mercury currently holds over $4 billion in customer deposits.
Today, we are thrilled to announce our partnership to help bring more financing options to startups. Thanks to our partnership, Mercury’s customers will be able to access non-dilutive revenue financing at the click of a button - all inside Mercury’s platform. Powered by Capchase, Mercury’s clients will be able to access up to 60% of their ARR in upfront capital in just 24 hours. This allows Mercury to add yet another product to their platform that accelerates the growth of their customers - without the need to take on debt, dilute their equity or spend months fundraising. In the words of Mercury’s CEO:
“We’re excited to partner with Capchase on providing better financing to startups. Entrepreneurs put their hearts and souls into building businesses and their financial stack should be there to help them succeed -- that's something that both Mercury and Capchase believe deeply. Capchase has built a product that gives entrepreneurs financing quickly, with no hassle and no dilution. We are looking forward to building long-term partnerships for our customers.''
We were brought together by the inherent belief that raising capital should be a seamless process and not a daunting one that founders dread. We couldn’t be more excited to align forces and make this more of a reality so founders can truly focus on building and growing their businesses.
To learn more about the Mercury partnership, visit our partnership page.
To learn more about Capchase Grow, check out our product page.
Here’s to helping more startups realize their growth potential. 🚀