Capchase, a tech-powered vendor financing for B2B software and hardware company, acquired Vartana, a tech-forward vendor financing platform.
“Traditional financing solutions were built for a different era. Capchase and Vartana have built the software infrastructure this space desperately needs. This acquisition enables us to provide more B2B vendors with faster approvals before the offer gets to the buyer, deeper system integrations and automated tools that finally match the speed of modern sales and finance teams,” Miguel Fernandez, CEO and co-founder of Capchase, said. “We’ve heard this directly from many businesses who’ve been using vendor financing for a long time. They want deal approvals before a rep even hits ‘send.’ They want financing in the systems they already use. And they want it without sacrificing their revenue or slowing down their teams.”
“We’ve proven that a tech-forward approach to vendor financing works,” Kush Kella, CEO and co-founder Vartana, said. “Capchase shares our obsession with elegant product design and vendor empowerment, and together, we’ll raise the bar for what this industry can do.”
“Capchase is building the future of vendor financing by eliminating delays and bottlenecks so vendors can close deals and grow faster,” Adam Bain, GP at 01A, said. “I’m proud to support them as they raise the bar for the industry.”
“This is an exciting acceleration for Capchase,” Przemek Gotfryd, chief operating officer and co-founder at Capchase, said. “We’re building the financial engine that helps B2B companies accelerate sales and increase order value, and we’re poised to lead the next phase of change in this industry.”
