Kapitale
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Introduction
Kapitale is a lending platform for SMB’s based in Brazil. We apply cutting-edge technology to offer merchants a diversified source of immediate funds using credit card receivables as collateral.
For businesses, Kapitale offers an online platform where merchants can cash their receivables immediately with the best market rates.
Problem
Small and medium-sized enterprises (SMEs) are crucial for the global economy. They account for significant employment worldwide and contribute to innovation and economic growth. However, SMEs often face challenges in obtaining financing, limiting their ability to thrive and prosper.
Accordingly to the World Bank, Brazil has the fifth largest interest rate in the world for SME lending. Over the last ten years, a business owner in Brazil has paid more for a credit line than its peers in Afghanistan, Yemen, or even Venezuela.
By providing access to financing, Kapitale can help businesses to invest in their operations, hire employees, and pursue new opportunities.
Accordingly to McKinsey’s and IFC’s study “MSME Finance Gap,” Brazil has about 16 million MSMEs, but less than 10% are well-served in credit matters. Worldwide, there is a demand for $8.1 trillion in SME finance. However, only 44% of this volume is provided. This creates a financial gap of $4.5 trillion in the world, of which $600 billion is only in Brazil.
Opportunity
Kapitale offers an online platform that enables business owners to offer their credit card receivables as collateral to a credit operation.
Kapitale automatically captures all information generated by credit card sales and allows SME’s to get factoring or merchant cash advance (MCA) credit lines. With its cutting edge technology, Kapitale allows merchant get funding imediatelly using alternative data and collaterals.
In the future, Kapitale will be able to offer different types of loans to SMBs applying Machine Learning and AI to create its automated credit models.