Assessment
Capchase is used by business software and hardware vendors that want to offer customers monthly or deferred payment terms on large contracts while collecting the full amount upfront. Its customers include Barracuda, Verkada, Motive, Okta, and CDW, and its best use cases are enterprise software deals, hardware bundles, and renewals where the buyer wants to spread payment. Rates are set per deal and not published, and its main competitors are Kriya, Mondu, and Slope.
Miguel Fernández and Przemek Gotfryd co-founded Capchase in New York in 2020. It first offered revenue-based financing to software companies, raised a $125M Series A in 2021 and an $80M Series B in 2022, and later closed revenue-based financing to focus on vendor financing. It passed $1B of financing volume in 2023 and raised $200M in May 2026. It has about 75 employees.
It fits a vendor selling large software or hardware contracts that loses deals over payment terms. It is a weaker fit for a small startup that wants working capital for itself, since the revenue-based financing product has closed.
Rating by criterion
We score each of the eight criteria out of 100.
Sector criteria
Use it to close large deals on payment terms. Its average buyer has about $80M of annual revenue, and customers include Okta, Verkada, and CDW.
Expect fast decisions. Capchase says 97% of applications are approved in under 30 seconds.
Check how risk is shared. Ask who carries the loss if a financed buyer stops paying before you sign up.
Ask how it fits your quoting process. Its Agentic Lending Coordinator is meant to handle financing steps inside enterprise deals.
Vendor criteria
Expect more AI tools. It launched its lending coordinator for vendors such as Palo Alto Networks, Barracuda, and CDW.
Book a call to start. Vendors join through its sales team, not a self-serve sign-up.
Get rates in writing. Financing costs are set per deal and are not published.
Read the recourse terms. Confirm what happens to the vendor if a buyer defaults.
Against its peers
These are the other companies in lending and credit infrastructure, with their ratings.
User comments
We read Capchase’s about page and Crunchbase News coverage of its May 2026 round to see what buyers value, and set them against the main limit a buyer meets.
- Upside
- Downside
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums and product documentation.
Based on: Capchase, about; Crunchbase News, May 2026.
Fact file
| Chief executive | Miguel Fernández, co-founder |
|---|---|
| Founded | 2020, New York |
| Offices | New York, Madrid, and San Francisco |
| Financing volume | More than $1B by 2023 |
| Latest raise | $200M in May 2026 |
| Team | About 75 employees |
Competitive landscape
Business payment-terms and revenue finance providers a vendor would compare with Capchase.
Capchase: 74
Pipe also sells financing through software partners, but it funds the small businesses on a platform with embedded working capital, while Capchase funds the vendor's own customer contracts.
Comparisons
Key leadership
Miguel Fernández co-founded Capchase in 2020 and is its chief executive. He earlier ran the UK business of Geoblink and worked as a strategy consultant at Monitor Deloitte.
How this review was created
This profile gives our own assessment of Capchase to companies selecting a Lending & credit infrastructure provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and Capchase gave us no payment for the profile.
The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.
Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, public reviews and filings. Fact-checking took place on November 4, 2026.
Source pages
- Capchase home page: https://www.capchase.com/ (As of November 4, 2026)
- Capchase, about: https://www.capchase.com/about (As of November 4, 2026)
- Capchase, $200M announcement: https://www.capchase.com/blog/capchase-secures-200m-as-demand-for-vendor-financing-in-enterprise-tech-deals-accelerates (As of November 4, 2026)
- Crunchbase News: https://news.crunchbase.com/venture/fintech-capchase-b2b-bnpl-200m-debt-equity/ (As of November 4, 2026)