London-based Uncapped, a fintech revolutionising funding for digital entrepreneurs and high-growth businesses, has closed a £200 million debt facility. Provided by funds managed by affiliates of Fortress Investment Group LLC, this financing continues the long-term partnership between the two firms.
Short-term financing for businesses
Uncapped offers £10K to £10M capital for online businesses that are looking to scale. Customers can apply in minutes and get a decision within 24 hours, with no personal guarantees or loss of equity. Its financing model provides founders with easy and affordable access to working capital at critical moments that allow businesses to scale.
This short-term financing option is beneficial for businesses with working capital needs, such as bridging seasonal shortfalls, investing in growth opportunities, or covering unexpected expenses.
Backed diverse group of founders
Founded by Asher Ismail and Piotr Pisarz in 2019, Uncapped combines advanced technology, data analytics, and flexible funding solutions. It empowers entrepreneurs to access capital quickly and transparently without giving up control and ownership of their business. The company’s mission is to fuel the growth and innovation of digital brands, driving economic progress and industry transformation.
Uncapped has financed over 1,000 founders across sectors, including e-commerce, direct-to-consumer (DTC), fashion, SaaS, gaming, and app development. Its service is available in the United States, United Kingdom, Germany, Spain and Poland.
Notably, Uncapped has supported the success of a diverse group of founders. For example, the company supported NutriPaw, a pet supplement brand founded by dog lovers Adelina and Connor in 2020, with £1.95 million in funding across 10 facilities. With this support, NutriPaw scaled its business by 5x in 9 months and explored new growth opportunities with new products and regions.
“We are delighted to secure this £200 million debt facility, as it enables us to extend our reach, empower even more digital businesses and provide access to non-dilutive working capital,” said Piotr Pisarz, CEO and founder of Uncapped. “Our goal is to fuel the success of these exciting and innovative businesses by providing them with tailored funding options that align with their unique needs.”
“Uncapped’s ability to unlock funding opportunities for digital businesses is remarkable,” said Ola Eriksson, Managing Director at Fortress. “Their commitment to empowering entrepreneurs aligns perfectly with our mission, and we are excited to support their vision. This funding will enable Uncapped to fund countless more exciting brands and we look forward to seeing their continued impact at this pivotal economic time.”