{"id":852528,"date":"2024-09-06T09:42:43","date_gmt":"2024-09-06T04:12:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852528"},"modified":"2024-09-06T09:45:54","modified_gmt":"2024-09-06T04:15:54","slug":"drip-capital-raises-113-million-in-debt-equity-mix-from-ifc-japans-gmo-payment-gateway-others","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/06\/drip-capital-raises-113-million-in-debt-equity-mix-from-ifc-japans-gmo-payment-gateway-others\/","title":{"rendered":"Drip Capital raises $113 million in debt-equity mix from IFC, Japan\u2019s GMO Payment Gateway, others"},"content":{"rendered":"<p>Trade finance startup Drip Capital said on Thursday that it has raised $113 million in its latest round of funding with a mix of debt and equity. $90 million was secured in debt financing led by the International Finance Corporation (IFC) and California-headquartered East West Bank while the remaining $23 million was in equity from Japanese institutional investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade finance startup Drip Capital said on Thursday that it has raised $113 million in its latest round of funding with a mix of debt and equity. $90 million was secured in debt financing led by the International Finance Corporation (IFC) and California-headquartered East West Bank while the remaining $23 million was in equity from Japanese institutional investors GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC).<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-852528","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=852528"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852528\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}