Capital on Tap, a specialty finance origination firm has secured a $237 million credit line from JP Morgan and TriplePoint Capital. The U.K.-based fintech offers small businesses quick financing through an all-in-one platform that combines company credit cards and spend management. At a time when the UK is bracing for a recession and is dealing with historic inflation rates, the company claims the money will make it easier for small businesses to access working capital.
Fintech Funding: Capital on Tap Secures a $237M Credit Line | Bank Automation News