Drip Capital Secures $50 Million from TD Bank to Boost Global SMB Trade Finance

Drip Capital, a global trade finance and B2B e-commerce platform, has secured a $50 million credit facility from Toronto-Dominion Bank (TD Bank), along with an additional $25 million accordion option. This marks Drip Capital’s first partnership with the Canadian banking giant, signalling growing international confidence in its digital trade financing model.

The fresh capital will strengthen Drip Capital’s Buyer Finance programme across North America and support its mission to provide seamless working capital solutions to small and mid-sized businesses (SMBs) engaged in cross-border trade. The funding will also help expand its trade finance infrastructure, enhance operational capacity, and deepen its presence in emerging and developed markets.

With this latest facility, Drip Capital’s cumulative debt funding has now crossed $500 million. The company is backed by global financial institutions such as Barclays, International Finance Corporation (IFC – a World Bank Group member), and East West Bank. This diversified pool of lenders underscores Drip’s growing relevance in the trade finance ecosystem.

Indian SMBs contribute nearly 40% of national exports but often struggle with delayed payments, lack of collateral, and limited access to affordable credit. Drip Capital addresses these pain points through a technology-led, non-recourse factoring model. Exporters receive immediate payment for their international shipments, while Drip assumes the risk of buyer default enabling businesses to scale without liquidity constraints.

Since launching in 2016, Drip Capital has facilitated over $8 billion worth of global trade transactions. It has supported more than 11,000 exporters and importers across 100+ countries, particularly in high-export sectors such as agriculture, textiles, chemicals, and engineering goods. In FY24–25 alone, the platform disbursed over $2 billion, with India continuing to be one of its most active markets.

Commenting on the development, Pushkar Mukewar, Founder and CEO of Drip Capital, said: “This facility with TD Bank amplifies our ability to support small businesses participating in global trade. It reinforces confidence in our technology-driven approach and highlights the increasing recognition of India’s FinTech capabilities on the world stage.”

The partnership is expected to accelerate innovation in the trade finance space, offering SMBs faster access to capital, greater transparency, and reduced risk. With supply chain disruptions, currency volatility and trade uncertainties becoming the norm, Drip Capital’s scalable, digital-first solutions aim to create a more inclusive and resilient global trade ecosystem.