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To support founders by making capital more efficient and accessible.
London-based Debite is a financing platform aiding the growth of early-stage startups. With the mission to enable the flexibility of the buy now pay later model to business financing, the company offers two initial products; easy-access loans and a business credit card.
The company is uniquely targeting early-stage companies with great potential and ambitions but that have longed faced issues with managing the burden of operational costs and a lack of funding options from traditional lenders.
With impressive pedigree and strong backing, the company, as it serves the growth of startups, is well positioned for its own ascension, already expanding its product offering. This includes the recently announced Debite Pay, which will initially be offered to companies in the UK market before extending its footprint.
Steph
Company Specialist at Welcome to the Jungle
May 2022
$1.6m
SEED
Tayga Baltacioglu
(CEO)Previously co-founded Mutlubiev and founded Cleanzy and acted as CEO for both.
Andreas Korin
(CFO)Previously co-founded and acted as CEO for StorkCard. Experience as Vice President for J.P. Morgan.