re:cap is the Capital Operating System.

Debt funding, liquidity management, financial operations: with re:cap, they’re all seamlessly integrated in one platform. Fully customizable to fit the needs of the digital economy.

Financial products and operations belong together – but often don’t. The result: manual workflows, scattered insights, and funding gaps you can’t close. re:cap connects the dots, integrating financial products and operations into one.

‍

Companies can get debt funding from re:cap. We create funding plans that help companies get money when they actually need it – without risking unnecessary capital costs due to overfunding.

If you want to learn more about how re:cap Funding is used by companies, check out our case studies.

Companies can manage their financial operations and liquidity. They get insights on liquidity, revenue, customers, profitability, financial health, and unit economics. They can create forecasts to better plan their liquidity and budget or run stress tests for their business. And they can automate their operations, e.g. accounting.

With re:cap, institutional investors (equity/debt) can turn financial data into insights about their portfolio companies. Based on these insights, they can make smarter financing decisions and enhance portfolio monitoring.

If you want to access funding from re:cap the following criteria are necessary:

• You are a B2B company from the digital economy and are technology-led.
• You have predictable revenue streams based on recurring buying behavior.
• You operate within Germany or the Netherlands.
• You have a runway of at least 6 months, with your business either nearing break-even or already profitable.
• You generate a minimum of €250K annual revenue.
• You have proven product-market-fit.

If you want use re:cap as a software platform the following criteria are necessary:

• You operate within the EU or North America.
• Size, industry, stage – re:cap is relevant for any company.

We have different pricing plans based on your usage of re:cap. You’ll find the prices for using the re:cap platform on our pricing page.

We prioritize the highest security standards to safeguard our customers' data. Our software is developed and hosted in Germany, where all financial and business data from our customers is stored and processed. And we use a 256-bit bank-level encryption for maximum protection.

re:cap provides a flexible financing line, allowing companies to access debt funding as needed. The funding adjusts according to the company’s growth and performance on the re:cap platform.

We create a funding plan based on your capital needs, business plan, use case, and business goals. If circumstances change, the plan can be adjusted. This approach ensures companies get funding when necessary, avoiding unnecessary costs from overfunding.

There are multiple use cases companies use debt funding from re:cap for:

Fund and reach long-term goals

• Extend your runway and bridge to profitability
  • Build a cash buffer to extend your runway, giving you more time to reach break-even.
• Accelerate your growth
  • Fund growth initiatives and deploy your capital effectively.
• Postpone equity fundraising for more favorable terms
  • Reach milestones and secure better terms for your equity round.
• Fund large investments
  • Finance M&A or other large investments with financial flexibility to seize the transaction.

Liquidity management to bridge gaps

• Handle volatile cash flow
  • Make sure you have always enough cash at hand to cover your everyday needs.
• Cover long payment targets
  • Don’t let bridge obligations, up-front payments, or long payment terms jeopardize your cash flow.
• Unlock predictable growth
  • Get the funding you need to avoid losing revenue from secured customers and won projects.
• Cover large one-time expenses
  • Finance major expenses like machinery or events and preserve your cash balance.

Check out our case studies to see how other companies and founders use re:cap.

You can between €50,000 and €5m via re:cap.

Customers have received funding from us in as little as two weeks. The timeline depends on how quickly you complete the funding process, which hinges on providing the necessary financial and business data promptly.

Once the funding process is done, the funding will typically arrive in your bank accounts within two business days.

Signing up for re:cap is free of charge.

Apart from that, the cost of capital depends on your rating on the re:cap platform.

re:cap is relevant for companies with the following criteria:

• You operate within Germany or the Netherlands.
• You are a B2B company from the digital economy and are technology-led.
• You have predictable revenue streams based on recurring buying behavior.
• You have proven product-market-fit.
• You generate a minimum of €250K annual revenue.
• You have a runway of at least 6 months, with your business either nearing break-even or already profitable.
  

1. Get started

Create your account, enter your use case and funding amount, and securely connect your bank account for a liquidity assessment. Besides, share your business plan so we can understand your needs and how you'll use the funds.

2. Alignment on the funding plan

After our first review, we’ll schedule a meeting and align on a funding plan together. It shows how much capital you need, when it should be available, and the cost of capital.

3. Sign the term sheet

We share a term sheet with you outlining your desired funding plan. You can use the term sheet for your internal decision-making. We are here to answer questions any time.

4. Due diligence begins

Once the term sheet is signed, the due diligence starts. We’re doing a risk analysis of your business, reviewing bank, accounting, revenue and customer data, and key business metrics (e.g., ARR, industry).

5. Start payout

After successful due diligence, you can request your funding via the re:cap platform – the first payout happens within 2 business days.

To use re:cap the best possible way you need to connect the following data sources:

Bank accounts and other payment providers

• The bank account data allows us to assess and verify the cash flows of your business on an aggregated level.
• You can securely connect all of your accounts for view-only access. If we don’t support your bank yet, let us know and you can provide the data manually.

Revenue and customer data

• The subscription data allows us to identify your contracts as well as your revenues streams and sync them to our funding platform.
• You can securely connect the subscription management tool of your choice for view-only access (Stripe, Chargebee, Recurly, chargify, zuora, billwerk, etc.). If we do not support your tool, just let us know.
• If you are using a custom tool, you can upload the data manually in Excel- or CSV-format.

Accounting data

• The accounting data allows us to assess and verify the financial situation of your business.
• You can upload the data manually in Excel- or CSV-format.

re:cap provides flexible repayment terms, ranging from 1 month up to 5 years, including grace periods.

We need the data to assess your funding terms. Based on your data, we can verify that re:cap is a fit for your business. Assessing this data will help us with our risk analysis. We can determine the terms for your company.

No, EBICS is not a generally accepted standard for open banking. You can provide data for those bank accounts manually.

Yes, manual data upload is possible, we provide a very simply structured spreadsheet template. However, we recommend subscription tools, as it keeps efforts lower and processes are faster.

No, we don’t ask for personal guarantees or equity warrants. Our funding is 100% non-dilutive. You stay in control.

The VC fundraising process is slow, tying up your team for months. It comes with hefty direct costs for legal fees and consultants, often reaching six figures. Indirectly, it means losing control, as major investors demand board seats and require ongoing investor relations. Most critically, you give up equity – one of the most valuable assets of a founder.

re:cap offers a different path. We don’t ask for shares, board seats, or a say in your company. We provide fast, non-dilutive funding with ticket sizes starting at €50k, scaling to millions. Funding can be secured in less than 48 hours. However, unlike equity, re:cap Funding requires repayment.

Read our blog article to learn more about re:cap and venture capital.

Most venture debt funds require companies to raise at least €3 million. They often ask for warrants, leading to dilution, secure all available assets as collateral, and may demand board seats. On top of that, capital is rarely disbursed in full upfront. Future tranches depend on hitting milestones, and you might be forced to take more funding even if you no longer need it.

re:cap offers a simpler solution. Within days, we provide you with a flexible funding limit. You decide how much capital you need with a single click, and the funds arrive within 48 hours – no warrants, no collateral, no board seats. We handle ticket sizes starting from €50k and going up to millions.

Read our blog article to learn more about re:cap and venture debt.

Yes, from our end it's possible to combine re:cap with other forms of funding, such as traditional bank loans, venture debt, venture capital, or private equity.

We can finance companies being part of a group structure. However, we must be sure that they are the actual contracting partner. In some cases a letter from the company could be necessary. We are happy to discuss with you your individual situation.

re:cap is a software for liquidity management and accounting automation. It provides solutions to plan, manage, and optimize a company’s liquidity. We help you automate your financial operations, e.g. your accounting.

After a 14-day free trial, there are 3 plans available to use re:cap. If you want to learn more about our prices and plans, check out the pricing page.

re:cap offers a software solution with which you can plan, manage, and optimize a company’s liquidity and automate your financial operations.

You can connect all your data sources within 10 minutes and are good to go. There is no additional onboarding or further maintenance needed.

Certain banks might not support open banking API access. Additionally, especially Europe-based banks, might not provide access to savings accounts.

If this is the case it is still possible to import the data into re:cap by following two simple steps:

1. Select “upload data manually” when adding a new bank account.
2. Fill in the account details and upload a file containing all transactions.

Besides offering access to classical bank accounts, we also offer access to a range of payment platforms, digital wallets and credit cards.

To set up the integration, please use the "Add EU or UK bank account option" and follow the instructions.

A

• Airwallex
• American Express (AmEx) – select UK as country
• Alpha FX – select UK as country

B

• Barclaycard Commercial Payments – select UK as country
• Brex – select US & CA as country

C

• ConnectPay – select LT as country
• Connexis Cash – select DE as country

E

• Ebury – select BE, DE, GB, GR, FR, PL, IT, PT, ES or NL as country

F

• Fire – select IR as country

K

• Kontist – select DE as country

M

• Manager One – select FR as country

N

• Neteller

O

• Opyn  – select IT as country

P

• PayPal
• Paysera
• Pleo  – select DK, UK, DE, SE, ES or IE as country

S

• Skrill
• Soldo  – select IE as country
• Stripe

W

• Wise

EU & UK

By open banking regulation the consent to fetch data for a bank account is valid for 90 days, but experience shows that most banks now provide a 180 days validity period.

North America (US & CA)

Most banks allow for an unlimited access to the bank accounts.

When a consent is about to expire, our platform automatically sends email reminders to the companies, which direct them to the reconnect flow in the app.

We’ve developed a proprietary LLM to classify bank transactions in real-time, generating financial insights from the tagged data. Our models tag transactions with up to 98.8% accuracy.

To ensure the highest quality insights, our internal data operations team reviews the automatic tagging. If there are any tags you still want to change, you can to so yourself and the LLM will learn it for the next time.

If you want to know more on how we use AI at re:cap read this article.

EU

By open banking regulation, a minimum of 90 days of transaction history is required, but experience shows that most banks supply >180 days of transaction history.

North America

Experience shows that most banks provide >365 days of transaction history.

You can add unlimited bank accounts to your re:cap account.

We cover more than 14,000+ banks from Europe and North America. 

In Europe, we work with GoCardless to cover 2,500+ banks. The detailed coverage can be found in this overview.

For North American banks, we work with Plaid to cover 12,000+ banks. The detailed coverage can be found in this overview.

Let us know if a bank you need support for is not supported.

New balances and transactions from all bank accounts get fetched daily at midnight (CET time). After fetching new data, the Insights get updated.

Through benchmarks, companies can assess their performance against a database of over 2,500 companies on the re:cap platform within their industry, country, revenue size, and profitability status. This provides them with a comprehensive understanding of their status quo among their peers.

Companies can assess KPIs like Customer Concentration, NDR, Churn Rate, CAC payback period, or Gross Profit Margin.

re:cap is currently available in English.