Progcap Valuation, Funding & Investors

Billie is a Berlin-based fintech company founded in 2016 that offers invoice financing and pay-after-delivery options for small and medium enterprises. Merchants integrate its automated solution for B2B e-commerce on platforms like Amazon and eBay Kleinanzeigen, securing working capital through factoring. The service extends payment terms up to 90 days while handling credit checks and collections.

eGuarantee Inc provides services to undertake credit risks that arise in the various business transaction. The company's services include Guarantee services against sales credit, Guarantee services against contractor credit, Guarantee services by debtor's trust, and Guarantee services against a variety of credit.

TVS Credit Services is a Chennai-headquartered non-banking financial company under the TVS Group providing loans for two-wheelers, used cars, three-wheelers, tractors, commercial vehicles, and consumer durables primarily to customers in rural and semi-urban India. Launched in 2008, it serves over 2.5 million customers with products tailored for financial inclusion and holds a CRISIL AA-/Stable long-term rating. TVS Credit operates more than 800 branches across 26 states and has received awards like the Flame Award for Excellence in Rural Marketing and Best BFSI Company at ET Now Makers of Developed India Awards 2018.

Mintifi is a Mumbai-headquartered digital lending platform extending quick loans and supply chain financing to small and medium enterprises throughout India. It integrates with WhatsApp and other channels to simplify funding access and operational efficiency for business borrowers.

Oxyzo is a Mumbai-based financial services platform offering cash flow-based lending and supply chain finance to small and medium enterprises in India. The company underwrites loans using digital transaction data from platforms like Razorpay and Amazon Seller, disbursing funds within 24 hours for inventory purchases and expansion. Oxyzo partners with e-commerce marketplaces to finance over 100,000 SMEs annually, focusing on sectors like consumer goods and electronics manufacturing.

Rupeek is a Bengaluru-headquartered fintech company offering instant gold loans through its mobile app and network of urban collection centers across 300 Indian cities. The platform appraises gold jewelry digitally and disburses funds within minutes, also providing personal loans against salary and property.

OppFi Inc is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. It recognizes revenue through finance charges on installment and SalaryTap contracts based on the interest method.

Thetanuts Finance is a DeFi protocol offering structured products and customizable vaults for yield generation on volatile assets. It provides treasury management solutions for DAOs and retail traders, simplifying options trading through automated strategies that monetize volatility with risk controls. Built on Ethereum, the platform supports token deposits for optimized returns via covered calls and other derivatives.

ether.fi is an Ethereum-based liquid restaking protocol built on EigenLayer that lets users restake ETH and earn rewards while retaining noncustodial control of their assets, receiving the tradable eETH token in exchange for maintaining liquidity. It differentiates itself by supporting redemptions alongside deposits, rather than the one-way lock-ups common among other restaking protocols. The protocol launched its platform in March 2023 and has since grown to hold billions of dollars in total value locked.

Velocity Financial Inc is a United States-based real estate finance company. The company originates and manages investor loans secured by residential rental and small commercial properties. The company earns revenue in the form of interest income. It operates in New York, California, Florida, New Jersey, and other states.

United International Holding Co and its subsidiaries are engaged in various types of consumer and product finance services, investing in stocks and other securities and providing loans, guarantees and financing to its affiliated companies. It operates in one geographical area i.e. Kingdom of Saudi Arabia, and caters to individual customers only (for Islamic financing contracts) and corporates (for payroll advances). The majority of revenue is generated from the Islamic financing contracts.

Pepper Money Ltd provides a variety of home loan solutions. The company also provides car loans, personal loans, loans for equipment, asset finance, commercial loans, and others. The company operates in three reportable segments Mortgage, Asset Finance, and Loan and Other Servicing. The maximum revenue is derived from the Asset finance segment. The Asset finance segment includes financing a range of asset types for consumer and commercial customers.

Prosper Marketplace is a San Francisco-headquartered online lending platform founded in 2005. It matches borrowers with individual and institutional investors for personal loans ranging from $2,000 to $50,000 at fixed rates without prepayment penalties. The data-driven underwriting model assesses credit risk using alternative data, facilitating over $20 billion in funded loans across the U.S.

Monedo is a Berlin-headquartered fintech that offered consumer loans, digital wallets, and personal finance apps using alternative data and machine learning for credit scoring in emerging markets. Its Lending-as-a-Service API enabled partners to embed short-term loans and budgeting tools, operating in Europe and Asia before filing for bankruptcy in 2023.

LendUp is an Oakland-headquartered online lender offering short-term installment loans and credit cards to underserved U.S. consumers with poor credit or irregular incomes. Its Ladder program reports on-time payments to TransUnion to build credit history. Available in 27 states since 2015, LendUp embeds financial education modules on topics like budgeting and integrates with the Credit Karma API for prequalification.

Funding Circle Holdings PLC provides an online lending platform through which borrower loans are originated and allocated to investors and comprising the different online lending platforms across the company's geographies. Company's segment includes: Term Loans and FlexiPay. The sectors includes: Wholesale & retail, Real Estate, Health & other service activities, Other manufacturing, IT & telecommunication The company's geographical segments include the United Kingdom, the United States, and developing markets. It derives the majority of its revenue from the United Kingdom region.