News from the Wire

Capify makes gains after global rebrand

Wednesday, September 09, 2015 — 11:23:53 (EDT)

New York, Sept. 9, 2015 – Capify, a leading provider of alternative finance solutions to small businesses globally, today announced several company milestones achieved in July and August 2015, including record growth in July, the appointment of its first chief marketing officer (CMO), ranking within the prestigious Inc. 5000, and an award for customer service excellence in Australia.

Following Capify’s recent move that brought four previously separate alternative finance companies in the United States, United Kingdom, Australia and Canada that were all founded by CEO David Goldin under one global brand, the company announced that July was a record month for fundings globally, with significant growth coming from its UK, Australian and Canadian markets.

The company is also announcing the appointment of David A. Frankel to the newly created position of CMO. Based in the company’s New York City headquarters, Frankel will oversee Capify’s overall global marketing organization and will be responsible for driving strategies in marketing, brand development. Frankel will also assist in the delivery of company growth objectives.

He brings with him more than 20 years of experience providing high impact executive leadership at both publicly traded and startup financial technology companies. Previously, Frankel served as CMO at EDGAR Online, where he defined global sales, marketing and product strategy for the leading Bain Capital-backed financial data and information company. Following the firm’s acquisition by RR Donnelley Company (NYSE:RRD), he was appointed president and general manager of the data and analytics business unit. Frankel has also held senior executive sales and marketing positions with FactSet Research Systems (NYSE:FDS), Bank of New York, and the Oak Investment Partners backed FirstRain.

In August, Capify was recognized as one of the nation’s fastest-growing private companies, earning placement on the exclusive 2015 Inc. 5000. The ranking is based on Capify’s 85 percent three-year growth, 76 jobs added, and 2014 revenue of $41.1 million. With 13 years in the alternative finance industry, Capify has a proven history of growth and success, including being an early mover in the United States, Canada and United Kingdom, and the first alternative financer to offer merchant cash advances in Australia. Capify is also the first alternative finance provider to operate in four leading international, and previously untapped, markets.

Finally, the company is pleased to announce that Capify Australia was recently awarded the 2015 Western Sydney Awards for Business Excellence (WSABE) in the Accor Excellence in Customer Service category. The 25th Annual WSABE was recently hosted by Parramatta Chamber of Commerce and recognized businesses that are playing a key role in driving continued economic prosperity and reputation of the Greater Western Sydney region.

“Today, Capify is one of the most diverse and robust alternative finance platforms for small and medium-sized businesses (SMB) across the globe,” said Capify CEO David Goldin. “Our record growth in July, David’s hire as chief marketing officer, our Inc. 5000 placement and our team’s business excellence award in Australia are testaments and ringing endorsements of our international expertise and proven model of success. Reflecting on our achievements so far this year, and what we have planned in the future, I’m very excited for Capify to continue our momentum and growth as an international leader in the FinTech and alternative finance space.”

About Capify

Capify (formerly AmeriMerchant, United Kapital, AUSvance and True North Capital) is a leading alternative finance provider powered by proprietary technology and analytics. Capify leverages a proprietary underwriting platform to provide working capital solutions to small- and medium-sized businesses in the USA, UK, Australia, and Canada, including merchant cash advances, business loans and inventory purchase programs. Business owners can apply online and receive decisions in 60 seconds or less at the company’s various websites. For additional information about Capify, visit the corporate website at www.capify.global or in the US: www.capify.com , UK: www.capify.co.uk , Australia: www.capify.com.au and Canada: www.capify.ca .

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Source: Company press release.