Japanese investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC) infused $23 Mn in equity financing
Drip Capital raised $90 Mn debt from International Financing Corporation and East West Bank
The startup said that the capital will support its market expansion plans and help it develop new products tailored to customer needs
Trade financing startup Drip Capital has raised a funding of $113 Mn in a mix of debt and equity.
While Japanese investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC) infused $23 Mn in equity financing, the startup raised $90 Mn debt from International Financing Corporation (IFC) and East West Bank.