FinTech Company Company Proves Ripe To Receive $500k Worth Of Funding
Providing further innovation in the Financial Technology space
Lies a platform aptly called Ripe Capital. By now, there is a well known and recycled checklist of items any individual requires before they begin their own business. Activities involve market research, writing up business plans, and setting up a business structure. Positioned squarely in the centre of these requirements is the unavoidable task of actually funding your endeavour.
This leaves room for an organization such as Moscow-based Ripe Capital to enter the fray. As a FinTech company, it places its processes in technology to challenge and innovate the old methods that have been used in financial methods. Furthermore, they provide what is known as non-dilutive capital in assisting your business with growth. Stated plainly, they do not need any business owners to give up ownership or equity to any organization prepared to assist with a capital injection.
Great. What is the catch?
Herein lies the benefit of placing a business such as Ripe Capital in the digital space: transparency. There cannot be any question of the fine print or unethical business practice when one can take a front seat in the entire process. There are three major steps involved in obtaining capital: Firstly, there is a preliminary analysis, where your company’s application is reviewed within 2 days. What follows is a guarantee that there will be no dilution, and then a final guarantee that you will have access to funds within a week. This is exceptional for two reasons: Reminding the owner of a burgeoning business that they will remain in control of their company is paramount for their confidence. Furthermore, the knowledge that you will have access to capital in a short space of time does wonders to the negative perception that accessing funding must have to anyone requiring it in the business space.
Ripe Capital takes it up further, by ensuring that an NDA is signed. The element of confidentiality combined with the ease of this financing process makes it a joy. They capitalize on their placement in the digital space by providing a dashboard to their clients. It is here that one can keep track of your business, by perusing everything from your company’s market performance right down to changes in your customer’s behaviour.
A stalwart in the finance industry
Mr. Sergey Golovkov that is. One of the founders of Ripe Capital has totalled 22 years in the finance space, beginning in the year 1999 when he started studying at the Finance University Under The Government of The Russian Federation. Even though the CFO has gone on to head up two different organizations, he continues to add to his resume by recently enrolling at the Stanford University Graduate School Of Business.
By ensuring that his organization is decorated with the finest heads and graduates in FinTech, EdTech, Finance and Data Science, he solidifies the impression of trustworthiness and competency that Ripe Capital already projects.