DivergentCapital

Predictive Funder for Small Businesses

Fintech & Insurtech
Non Active, Jan 2021 ceased to operate
Seed Tel Aviv-Yafo Founded 2016
LinkedIn
Total raised
Stage
Seed
Founded
2016
Headcount
1-10
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Divergent Capital helps small and medium-sized businesses get the capital they need to sustain themselves or grow. The company uses advanced data analytics and AI technology to gain profound and actionable insights, enabling it to provide simple, affordable, uncollateralized capital to its customers. Divergent Capitals current financial product offering is Working Capital Advance. The advance is not a business loan, but rather a purchase of future receivables and sales from the customer at a discount or a factor. Unlike a business loan, the MCA product is not stipulated by a performance guarantee or an asset-based collateral, and does not incur any fines or special interest for early or late repayment.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechLending & Financing
Technologies
Artificial IntelligenceMachine Learning
Target customers
Enterprise & Professional ServicesSMBs & SMEs
Business model
B2B

Tags

machine-learningfactoringartificial-intelligencesaasfintechsmblending-and-financing