Drip Capital Inc., a startup leveraging machine learning to facilitate the financing of cross-border trade by small and medium sized businesses, recently raised $175M from equity and debt investors. The recent raise includes $40M in equity funding from TI platform along with participation from existing investors Accel, Sequoia Capital and Wing VC. The $135M debt facility was obtained from Barclays Investment Bank and East West Bank.
Fintech Startup Drip Raises $175 Million for Cross-Border Trade
