Pipe 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.