Today I’m proud to share another exciting milestone for Capchase: we’ve been included in the CB Insights fourth annual Fintech 250 - a prestigious list of emerging companies who are revolutionizing their industries with groundbreaking financial technology. We are incredibly excited for this recognition, which is a reflection of both the team’s hard work over the past year, and the increasing demand we are seeing among our clients for the non-dilutive funding that powers their growth.
The CB Insights Intelligence Unit selected this year’s Fintech 250 from a pool of 17,000 companies based on several factors - including self-reported data, company business models and momentum in the market. In addition, Mosaic scores - CB Insights' proprietary algorithm that measures private companies' overall health and growth potential - were also considered. We were recognized in the business lending and finance category for our market-leading programmatic funding and expense financing solutions
Being honored in the Fintech250 is often a springboard for more good things to come. This year’s cohort for example has raised approximately $73.8B in aggregate funding across nearly 1,200 deals since 2016 and includes startups at different investment stages of development. As Anand Sanwal, CB Insights’ CEO noted, “the Fintech 250 has a history of spotlighting the very best fintech companies, and these are often companies that disrupt and transform financial services in the years ahead.
At Capchase, our mission is to empower companies with resources that fuel their growth, preserve their cash, and don’t require them to give up equity in the process.
The Fintech 250 is a big honor for us, and be on the lookout for more exciting updates from Capchase in the weeks and months ahead!