Last deal

Amount

Pre-Seed

Stage

12.09.2022

Date

3

all rounds

$3M

Total amount

General

About Company
Capsa Technology facilitates invoice trading, unlocking liquidity for small businesses and fund managers.

Industry

Sector :

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founded date

01.01.2021

Number of employees

Company Type

For Profit

Last funding type

Pre-Seed

IPO status

Private

Description

Capsa Technology, a fintech company focused on addressing the financial challenges of SMEs in Africa, has developed the platform "Getcapsa.com." This invoice factoring solution allows businesses to convert unpaid invoices into working capital within 48 hours, providing a smarter path to cash at affordable rates. By eliminating the 30-120 day wait period for payment, Getcapsa.com reduces days sales outstanding (DSO) and offers faster access to funds, enhanced borrowing capacity, and significantly lower borrowing costs compared to traditional invoice discounting through commercial banks. This solution helps SMEs decrease credit and collection risk, while also reducing their reliance on external sources of capital. With Getcapsa, small and medium-scale businesses can unlock their full potential by getting paid within 48 hours and avoiding the negative impact of bad debt.
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