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FinTech news in 8-Bit Capital category

FinTech Ratio Tech raised $11M equity + $400M credit to fund SaaS

Ratio gives SaaS companies capital upfront so they can offer customers more flexible payment options. Co-founder and CEO Ashish Srimal founded Ratio in 2021 with CTO Mason Blake, and they have been heads down ever since working on the company’s concept, which is to help SaaS and technology companies tap into the $1.5 trillion subscription market for recurring revenue.