The Drip Capital Blog

Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.

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Drip Capital Secures $113M in New Funding to Accelerate Growth

Palo Alto, September 2024: 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.

05 September 2024 4 min read