In October 2021, Drip capital — the digital cross-border trade finance platform for small and medium companies (SMBs) — raised $175 million by a mix of debt and fairness.The funds raised embrace $40 million in fairness and $135 million in warehouse debt amenities. With this fundraise, Drip Capital has raised about $525 million in fairness and debt funding to this point.San Francisco-based TI Platform led the Series C funding spherical alongside participation from new and present buyers together with Accel, Sequoia, Wing VC, Irongrey, and GC1 Holdings.Drip Capital will use the brand new funding to scale its enterprise over the following 18 months. It will put money into merchandise and expertise and speed up go-to-market in present and new geographies like South Asia and Latin America. The startup at the moment serves SMBs in India, Mexico, and the US, in line with an announcement.Founded in 2016, Drip Capital goals to unravel the $3 trillion world trade finance hole. The firm leverages machine studying and cloud expertise to finance cross-border transactions, permitting SMBs to unlock working capital and put money into progress. The startup claims to have to this point financed over $2 billion value of world trade transactions spanning 80+ international locations. If you’d wish to be part of Drip Capital’s progress journey, these openings could also be for you:Stressed Accounts ManagerLocation: MumbaiExperience required: N/AIn this function, the person might be accountable for figuring out key alternatives for enhancing and enhancing the varied assortment processes for delinquent shoppers, monitoring portfolio efficiency and exterior macro-economic components, researching on applicability and execution of varied legal guidelines globally, liaisoning with home and worldwide assortment companions and authorized companions, and extra.For extra data, click on right here.Strategy Associate – RiskLocation: MumbaiExperience required: 1-3 yearsAs the Strategy Associate – Risk, the candidate will work on high-priority initiatives associated to defining the credit score technique for Drip’s monetary merchandise, comparable to constructing credit score methods for new merchandise and markets, and optimising present insurance policies to assist enterprise progress. The function additionally entails main analytics and conducting deep-dive evaluation to handle danger whereas supporting enterprise progress, and extra.For extra data, click on right here.Associate – Financial ReportingLocation: MumbaiExperience required: 2+ yearsThis function at Drip entails reconciling account balances and financial institution statements, sustaining the overall ledger, and getting ready the month-end shut procedures in addition to monetary statements of all enterprise strains, consolidated monetary statements of the group entities and the SPVs (US, Mexico, and India), precisely getting ready complicated accruals, journal entries, steadiness sheets, and many others. For extra data, click on right here.IT EngineerLocation: MumbaiExperience required: 4+ yearsAs the IT Engineer, the person will design, architect, implement and preserve methods and options for varied IT-related subjects; together with however not restricted to employees laptop {hardware}, working methods, software program functions, networking, videoconferencing, printers, and telephones, assist junior members of the crew with troubleshooting and backbone of complicated points, and extra.For extra data, click on right here.Software Developer – FrontendLocation: MumbaiExperience required: 3+ yearsAs the frontend software program developer, the candidate will design and construct internet and mobile-based entrance finish for Drip’s functions, work intently with prospects, product managers, UX crew, backend engineering crew to develop new options, create configurable person workflows that may be simply customised based mostly on product and geo-location necessities, and many others.For extra data, click on right here.