Uncapped to get £10M from Global Founders Capital, White Star Capital and Seedcamp.

Uncapped, a London, UK-based loan revenue-based finance provider to startup operations, announced securing £10M ($13M) in capital funding.

The money was raised from Global Founders Capital, White Star Capital and Seedcamp and will be used to build a business.

Uncapped, founded in 2019 by Asher Ismail and Piotr Pisarz, built a service of providing flexible growth finance to companies seeking an alternative to venture capital or traditional debt without credit checks, personal guarantees, warrants, equity, or interest.

The company, which also has an office in Poland (Warsaw), is available to European businesses who take online payments and have at least nine months trading history.