UK fintech and specialty finance start-up Revving secured £107 million in funding, comprised of £7 million in equity and £100 million in debt, led by asset manager DWS, to enhance cash flow for digital businesses in the ad tech sector through invoice factoring. The company’s platform integrates with digital marketplaces to offer instant access to revenue before invoice creation, aiming to address delayed payments that leave businesses waiting for funds that decrease cash flow. Revving plans to finance up to £1.8 billion in digital businesses over the next three years.

Invoice Factoring Start-Up Revving Secures £107M in Mix of Equity and Debt Funding