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Chile-based digital financing platform giving small and medium-sized businesses access to credit through invoice factoring.
Founded in 2014 in Chile, RedCapital is a financing platform that connects small and medium-sized enterprises with investors. It offers short-term credit factoring, invoice advances and AI-based credit risk assessment, and lets investors fund invoices or loans for fixed returns. The company was co-founded by Felipe Walter, Gustavo Garib and Raúl Ibaceta. In June 2019 it raised USD 3.000 mn in venture funding led by HCS Capital Partners. The company is at the seed stage.
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