Today, we’re excited to announce a new partnership with Grasshopper, the client-first digital bank built for the business and innovation economy.
This partnership enables Grasshopper’s SaaS clients with an Accelerator Checking account to access Capchase’s funding options including Capchase Grow, our non-dilutive, revenue-based financing product and Capchase Pay, our payment solution for SaaS vendors allowing them to offer flexible payment terms to their customers
"At Grasshopper, our mission is to serve the business and innovation economy. Supporting startups with an excellent digital banking experience is a big part of that commitment, and our goal is to ensure we have a wide variety of solutions in place to meet their needs," said Mike Butler, Grasshopper's CEO. "Our partnership with an innovative company like Capchase combines what we do best on the banking side with creative financing products - a combination that we feel will be very powerful for our startup clients."
Grasshopper’s work with Capchase expands on the bank’s current product offering for venture-backed startups and represents a valuable addition to its partner marketplace, which launched in October.
Capchase’s financing capabilities will be featured in the marketplace alongside other thoughtfully-curated partnerships, offering services such as Ramp corporate cards, cloud-based communication services, capitalization table management software, startup business insurance, and more.
“Current macroeconomic conditions have made it increasingly difficult for startups and founders to secure the capital they need to scale their businesses,” said Capchase Co-Founder and CEO Miguel Fernandez. “Our partnership with Grasshopper makes it easy for SaaS startups to access non-dilutive, revenue-based financing through the bank’s marketplace, which is especially valuable in today’s challenging funding environment.”
Grasshopper and Capchase are committed to serving the needs of startups by helping them grow and succeed throughout their entire business life cycle. Capchase’s financing and revenue services scale with businesses’ ARR growth, providing valuable capital for startups at any stage. Accelerator Checking furthers Grasshopper’s mission to support the business and innovation economy and provides value beyond banking to startups of all sizes.
To learn more about Accelerator Checking, visit www.grasshopper.bank.
To learn more about working with Capchase, please visit: capchase.com/demo
