Drip Capital Capitalizes USD 113Mn In Latest Funding To Trigger Expansion

Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, led by the International Finance Corporation (IFC) and East West Bank.

Drip Capital, a leading digital platform for trade finance, has recently secured $113 million in latest funding. This comprises $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, powered by the International Finance Corporation (IFC) and East West Bank. According to Industry sources, Drip has witnessed remarkable expansion, […]