Bizcap Welcomes 8fig to Its Global Portfolio to Accelerate Growth Financing

Bizcap Integrates 8fig to Expand Growth Financing

In a significant move within the FinTech sector, Bizcap has officially announced the acquisition of 8fig, a company renowned for its innovative financial technology solutions. This partnership not only marks a vital step for Bizcap's global expansion but also emphasizes its commitment to providing enhanced financial support to small and medium-sized enterprises (SMEs).

Founded in 2020, 8fig has successfully provided over $500 million in financing to online merchants, along with creating the groundbreaking "AI CFO" tool. This innovative platform helps small businesses efficiently plan, forecast, and scale their operations with confidence. The alignment of Bizcap and 8fig creates a unique blend of financial acumen and cutting-edge technology, designed to foster growth and adaptability in the evolving market landscape.

Independence with Support

Despite its integration into Bizcap, 8fig will continue to operate under its established brand and leadership. This independence allows 8fig to maintain its innovative approach while enjoying the extensive resources and expertise available within Bizcap’s global ecosystem. The acquisition enhances Bizcap's prowess in integrating high-growth FinTech solutions while affirming its position as a leader in non-bank lending.

Albert Gahfi, Co-Founder and Co-CEO of Bizcap Global, expressed his enthusiasm, highlighting, "The vision of 8fig aligns seamlessly with our mission to empower small businesses through accessible tools and financial capital. Their technology is impressive, as is their customer-centric approach that prioritizes adaptability and long-term success."

The partnership aims to combine the strengths of both companies, fostering smarter solutions for cash flow, inventory, and growth planning. In turn, this will enable brokers and partners to access a broader range of financial products, including working capital, credit lines, and structured growth funding.

A Global Ecosystem for Growth

Bizcap has already facilitated over $3 billion in financing for SMEs worldwide, and its operations span across regions including Australia, New Zealand, Singapore, the USA, Canada, the UK, and Europe. Looking ahead, Bizcap intends to expand further into the Mexican market to broaden its product offerings, particularly in lending solutions.

Through this partnership, Bizcap also reinforces its advancements in automated underwriting, AI-powered financing, and smart business tools designed specifically for SMEs. This collaborative strategy is anticipated to create faster, tailored access to capital across various regions, establishing Bizcap as the preferred partner for corporate financing.

The Intersection of Funding and Intelligence

8fig harnesses advanced AI-driven technology that positions Bizcap at the forefront of commercial financing and financial intelligence. Zalman Blachman, Co-Founder and Co-CEO of Bizcap Global, underscored the acceleration of Bizcap's ambitions with 8fig's automated underwriting platform, stating, "8fig transforms complexity into speed, accuracy, and intelligence. Their innovation complements our mission to deliver quick and flexible capital, placing Bizcap at the cutting edge of future lending solutions for small businesses."

The partnership also opens avenues for Bizcap to enhance its financial product range, utilizing 8fig's AI-powered systems to offer more affordable, long-term financing products, eventually strengthening Bizcap's global market share.

In expressing optimism about the partnership, Yaron Shapira, CEO of 8fig, stated, "Our mission remains constant: to empower SMEs and e-commerce businesses for global expansion. With Bizcap's talented team at our side, we are set to elevate this mission to new heights."

Conclusion

Bizcap's acquisition of 8fig not only expands its portfolio but also signifies a transformative moment for SME financing in the digital age. As both companies leverage their collective strengths, they are poised to create innovative solutions that will drive significant growth for small enterprises worldwide. With a shared dedication to evolving the landscape of business financing, Bizcap and 8fig are well-equipped to meet the challenges of tomorrow's market.