Drip Capital

Drip Capital offers digital, collateral-free finance to small and medium-sized businesses participating in international trade.

The platform advances up to $2.5 million by purchasing customer invoices and offers accounts payable financing up to $5 million.

Drip Capital helps small exporters in emerging markets access working capital in order to finance big orders.

Drip Capital provides trade finance solutions tailored for small and medium businesses engaged in international trade, offering fast, flexible capital. No collateral required.

Drip Capital furnishes working capital to small and medium-sized enterprises participating in cross-border trade, serving India, Mexico, and the United States.

Drip currently serves between 9,000 and 10,000 businesses, with around 60% coming from India and the rest from the U.S. and a small amount in Mexico.

Drip Capital is a high-growth digital trade fintech focused on the $5 trillion global SME cross-border trade industry.

Drip Capital assigns Key Account Managers who act as the single point of contact for SME client accounts across their lifecycle, building relationships directly with CXO-level stakeholders (CEO/CFO).

Account management is built around a 'zero-dropout' retention philosophy: deep, trust-based engagement with each existing client paired with commercial growth goals such as wallet-share expansion and upsell.

Alongside personal account management, day-to-day transactions run through a self-service online portal/dashboard where customers submit invoices and draw funding without needing a relationship manager for every request.

Customers apply directly through Drip Capital's own website: a 4-step digital flow (apply online, automated risk assessment, invoice upload, disbursement) that completes onboarding with minimal paperwork and pays out within 24 hours.

Drip Capital reaches SME exporters/importers indirectly through a formal partner program spanning banks & credit unions, finance brokers/advisors, trade associations, and CPAs/accountants, who refer clients in exchange for referral commissions.

The company builds awareness and educates exporters about its products by partnering with Indian trade bodies and export promotion councils such as FIEO, EEPC, CHEMEXCIL, and PLEXCONCIL.

Drip Capital leverages machine learning and cloud technology to finance cross-border transactions, allowing SMBs to free up working capital and invest in growth.

Drip Capital uses alternative data and technology to underwrite and finance cross-border transactions and has funded over $100M of trade flows across industries.

Drip Capital's offerings include invoice financing on export transactions, export factoring, letters of credit, and documentary collections.

Drip Capital's core resource is a proprietary AI and machine-learning underwriting engine that verifies trade documents and assesses buyer/supplier risk in real time, cutting credit approvals down to 24-48 hours versus weeks at traditional banks.

The underwriting platform runs each prospective borrower through more than 100 individual checks before selection, a depth of automated diligence built up over the company's operating history.

Beyond financing, Drip Capital has built its own B2B commerce platform connecting global buyers and suppliers, letting businesses identify trade partners, manage transactions, and participate in international supply chains — a proprietary network asset.

Since inception, Drip Capital has raised roughly $640 million in combined equity and debt funding, giving it a large, diversified balance-sheet capacity to on-lend to SME exporters and importers.

Equity investor providing part of the $23 million equity financing announced September 2024.

Equity investor providing part of the $23 million equity financing announced September 2024.

Led $90 million in debt financing announced September 2024, part of the World Bank Group.

Provided a $100 million warehouse credit facility as part of the $135 million debt facilities announced October 2021.

Recurring debt-financing partner: increased its existing facility by $35 million in October 2021 and co-led $90 million in debt financing in September 2024.

Secured a US$50 million committed credit facility from Toronto-Dominion Bank (TD Bank), with the potential to expand by an additional $25 million, to support North American expansion, announced November 2025.

Drip Capital earns interest, calculated on a per-annum basis, on the funds it advances against a customer's invoices — shown as a distinct line item in the company's own published charges calculator.

On top of interest, Drip Capital charges a flat factoring commission calculated as a percentage of invoice value on every financed transaction; interest and commission together make up the total fee shown to customers.

For its receivables-financing product, Drip Capital buys a customer's outstanding invoices for up to $2.5 million in value and earns a servicing commission on top of the amount advanced.

Drip Capital also monetizes the FX leg of trade transactions, partnering with Barclays to give clients access to competitively priced currency conversion when sending or receiving international payments.

Co-founder Pushkar Mukewar frames debt capital as the company's core raw material — continuously raised and redeployed to fund trade transactions — making the cost of borrowed funds the central cost driver of the business.

Drip Capital runs a team of 300+ employees out of its Palo Alto headquarters plus offices in Mumbai, India and Mexico City, Mexico — a multi-country people and real-estate cost base supporting its three core markets.