Fintech Drip Capital Secures $113 Million for Small and Medium-Sized Business Growth
Saturday, 7 September 2024, 21:00
Funding Overview
Fintech Drip Capital, based in Palo Alto, has successfully secured $113 million in new funding aimed at enhancing its operations.
Purpose of Funding
- This injection of capital is specifically targeting the expansion of support services for small and medium-sized businesses (SMBs).
- Drip Capital plans to use these funds to bolster its working capital offerings.
Impact on SMBs
With this funding, Drip Capital aims to significantly increase its reach and capabilities, ultimately benefiting small and medium-sized businesses across various sectors.
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