revenue-based-financing
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The Houston fund betting your best round is the one you never raise
Golden Section has built a $110 million platform around a contrarian SaaS idea: founders can grow, professionalize and sell well without surrendering the company one priced round at a time.
Ninety Percent of the Economy, Ten Percent of the Credit
SMEs are most of the UAE economy and a fraction of its lending. CredibleX embeds working capital where business already happens - and turned Mubadala into a lead investor with a $15 million Series A.
Creizer
Creizer is a Mexico City fintech providing revenue-based financing to online sellers across Latin America. Often described as the Clear.co (formerly Clearbanc) for LATAM, it underwrites credit using a seller's daily sales and store metrics rather than traditional collateral, then collects repayment as a percentage of ongoing sales with no fixed installments or interest rates. Founded in 2021 by Emiliano Musalem and part of Y Combinator's Winter 2022 batch, Creizer offers credit lines from roughly 30,000 pesos up to several million, targeting the more than 80% of Latin American SMEs that lack access to conventional bank loans.
Flow48
Flow48 is a Dubai-based fintech that gives small and medium businesses in emerging markets fast access to working capital by turning their future revenue and unpaid invoices into upfront cash. Founded in 2022 by serial entrepreneur Idriss Al Rifai, the company uses a proprietary, data-driven underwriting engine to approve non-dilutive, collateral-free financing of up to $20 million, typically disbursing funds within 24 to 48 hours. Operating across the UAE and South Africa with expansion into Saudi Arabia, Flow48 raised a $69 million Series A in February 2025 to close the SME funding gap that traditional banks leave open.
Moove
Moove is an African-born global mobility fintech that finances vehicles for gig-economy drivers who are shut out of traditional bank lending. Using alternative, revenue-based credit scoring built on ride-hailing and delivery earnings, Moove lets drivers on platforms like Uber lease brand-new cars and pay them off through a share of their weekly income - a 'drive it, own it' model. Founded in Lagos in 2020 by Ladi Delano and Jide Odunsi, it now operates one of the world's largest managed ride-hail fleets and has become Waymo's autonomous-fleet operations partner across major US and UK cities.
Clearco
Clearco is a Toronto-based fintech that gives ecommerce and direct-to-consumer brands fast, non-dilutive growth capital - founders raise money without giving up equity or signing personal guarantees. Using AI to read revenue, marketing spend and sales data, Clearco offers cash advances, invoice funding and rolling capacity repaid as a share of revenue. Founded in 2015 as Clearbanc by Michele Romanow and Andrew D'Souza, the company has deployed more than $3 billion to over 10,000 brands and, after a 2023 recapitalization, relaunched a rebuilt funding platform under CEO Andrew Curtis.