Drip Capital Secures $75 Million Credit Facility from TD Bank to Boost Global Trade Financing

Drip Capital, a leading digital trade finance platform, announced a strategic partnership with Toronto-Dominion Bank through a $75 million debt facility. The deal includes a $50 million committed credit line and an additional $25 million accordion feature, allowing for flexible expansion based on future financing needs. This marks Drip Capital’s first collaboration with TD Bank and pushes its total debt funding beyond $500 million.

The funding will be used to scale Drip’s financing solutions for small and medium-sized exporters across emerging markets. With over $8 billion in trade transactions financed for more than 11,000 businesses in 100+ countries, Drip Capital continues to strengthen its position as a global fintech leader in B2B cross-border commerce.

Key highlights and major takeaways

• Total funding: $75 million from TD Bank  
• Structure: $50 million committed + $25 million accordion feature  
• Purpose: Expand trade finance for SMEs globally  
• Total debt funding now exceeds $500 million  
• First partnership between Drip Capital and TD Bank  
• Over $8 billion in trade financed across 100+ countries  

Sources: Financial Express, TD Bank Group, MarketScreener