What is Capital On Tap?
Headquartered in London, Capital On Tap specializes in providing essential financial liquidity to small and medium-sized enterprises. By offering a streamlined suite of products, including business loans and credit cards, the company addresses the critical working capital needs of businesses that are often underserved by traditional banking institutions. Its market position is defined by a blend of technological agility and deep financial expertise, allowing it to facilitate rapid credit decisions and seamless capital access for its users.
The company's growth strategy has been underpinned by a series of strategic partnerships with global financial institutions, which have provided the necessary debt facilities to scale its lending operations. By maintaining a focus on the SME segment, Capital On Tap has carved out a significant niche, effectively bridging the gap between traditional commercial banking and the modern, digital-first requirements of today's business owners.
How much funding has Capital On Tap raised?
Capital On Tap has raised a total of $2.8B across 6 funding rounds:
Debt
$607M
Multiple Rounds
$545M
Other Financing Round
$947M
Other Financing Round
$659.7M
Debt (2021): $607M with participation from HSBC, Atalaya, and BNP Paribas
Other Financing Round (2022): $200M led by Varde Partners and HSBC
Debt (2022): $235M supported by Triple Point and JP Morgan
Debt (2022): $110M featuring Atalaya
Other Financing Round (2025): $947M backed by BNP Paribas and Citi
Other Financing Round (2025): $659.7M, investors not publicly disclosed
Key Investors in Capital On Tap
BNP Paribas
A leading international banking group headquartered in Paris, providing comprehensive corporate and institutional banking services, including structured finance and capital markets solutions.
Citi
A global financial services institution offering a broad range of banking, lending, and treasury solutions to corporations and institutional clients worldwide.
HSBC
A global banking and financial services organization with extensive expertise in facilitating international trade and capital flows across six continents.
What's next for Capital On Tap?
Looking ahead, the recent capital influx is expected to accelerate the company's product innovation and geographic expansion efforts. With a proven track record of managing complex debt and equity instruments, Capital On Tap is well-positioned to enhance its credit underwriting capabilities and broaden its service offerings. The strategic focus will likely remain on optimizing the user experience for SMEs while maintaining the rigorous risk management standards required to sustain its current growth trajectory in the global fintech market.
As the company continues to scale, the integration of advanced data analytics and automated financial tools will be paramount in maintaining its competitive edge. By deepening its relationships with institutional partners, Capital On Tap is poised to further solidify its role as a critical infrastructure provider for the small business economy, ensuring that entrepreneurs have the reliable financial support necessary to navigate evolving market conditions.
