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VisitPipe Launches Capital-as-a-Service, Targets $1.2B for SMBs
Apr 17, 2024, 06:15 PM
Pipe has launched its Embedded Capital-as-a-Service, a new initiative aimed at improving access to capital for small and medium-sized businesses (SMBs). This service is designed to integrate seamlessly with partner platforms, providing SMBs with easier and more democratic access to funding. The launch represents a significant step in fintech innovation, leveraging decades of industry experience. Pipe's first partner in this venture is Priority, which will help deliver unbiased capital to hundreds of thousands of SMBs. The service aims to unlock $1.2 billion for underserved entrepreneurs.
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Below 1000 SMBs • 25%
1000 to 5000 SMBs • 25%
5000 to 10000 SMBs • 25%
Above 10000 SMBs • 25%
Healthcare • 25%
Finance • 25%
Automotive • 25%
Telecommunications • 25%
Negative reaction (stock down > 5%) • 25%
Neutral or negligible reaction (stock change -5% to +5%) • 25%
Significantly positive reaction (stock up > 20%) • 25%
Moderately positive reaction (stock up 5-20%) • 25%
3-5 new partners • 25%
1-2 new partners • 25%
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