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Debite

https://www.debite.io/
Last activity: 31.05.2022
Probably Closed
Categories: Corporate
Debite is a financing platform for early-stage and high-growth startups and businesses. It offers a corporate card with built-in instalments that allows customers to spread out the cost of expensive business payments such as subscriptions, marketing, and inventory through a flexible and affordable repayment plan. Debite’s customers benefit from the Buy Now Pay Later model.
Debite has enabled its customers to achieve significant discounts on their software tech stack by annual purchases paid for in monthly instalments. In addition, it allows them to delay customer acquisition cost via Google PPC and pay over 3- months as they receive the return. This optimizes their cashflow.
Mentions
2

Overview

Location
United Kingdom, England, London
Total raised
$5.77M

Investors 1

DateNameWebsite
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Funding Rounds 2

DateSeriesAmountInvestors
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Apr 1, 2022Funding round$2.62M

Mentions in press and media 2

DateTitleDescription
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Debite rakes in £2.5 million to offer easy loans and corporate credit card to UK startupsDynamic financing platform for early-stage companies Debite has set its foot in the U.K. with a £2.5 million pre-seed round of funding. The investment is a mixture of equity and debt financing which came from both VCs and angel investors fr...

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FAQ about Debite

How much funding has Debite raised?

Debite has raised $5.77M in total across 2 funding rounds.

What funding rounds has Debite raised?

Parsers VC lists 2 funding rounds of Debite, among them a funding round of $2.62M on Apr 1, 2022.

What has the press written about Debite?

Parsers VC has collected 2 articles mentioning Debite, among them “Debite rakes in £2.5 million to offer easy loans and corporate credit card to UK startups”.

Is Debite still active?

Debite is probably closed: its latest activity on Parsers VC dates from May 31, 2022.