Unlimitd secures EUR 100 million investment from ACP

As part of the introduction of its subsidiary, AbsoluteCap Venture Lending, dedicated to corporate financing, ACP became the majority shareholder of Unlimitd. Through this strategic collaboration, Unlimitd received improved financing capacity, as it deploys up to EUR 100 million by the end of 2024. The company focuses on substantially accelerating its expansion in France, as well as on providing its services across Europe by 2024.

Operating in the digital financing sector in France, Unlimitd developed an instant financing platform for digital businesses, including ecommerce and marketplace resellers. The company evaluates credit risk to suggest customised financing offers in approximately 48 hours. Since its launch in 2021, Unlimitd deployed over EUR 30 million to assist companies with targeted services focused on stock financing and advertising expenses. As per the information detailed in the press release, the company raised over EUR 20 million in seed funding until the current investment.

Furthermore, officials from ACP stated that the collaboration with Unlimitd came as a result of the latter’s capabilities as a lending platform, being equipped with technology, a robust brand, and a determined team. According to Unlimitd’s representatives, the deal supports the company’s expansion, as ACP’s operational and financial support can enable the company to achieve its objectives. These include improving services for entrepreneurial clients, investing in technology, and solidifying its position in the ecommerce financing sector in Europe.

With its solutions, Unlimitd intends to make financing more accessible and tailored to the specific requirements of digital entrepreneurs. The company focuses on providing financing alternatives to traditional banks, as well as offering expertise and aligning its interests with those of its clients. Unlimitd’s suite of solutions includes inventory financing, financing of marketing campaigns, and marketplace financing. In addition to supporting its clients by financing their inventory, the company offers financial assistance to increase advertising campaigns to maximise impact without being limited by budgets. Unlimitd also allows companies to receive their funds as soon as possible after they sell and reinvest immediately, removing platform payment terms that slow down growth.

Currently, some of the company’s partners include Nodaleto, So Shape, Asphalte, Plus de Bulles, and surprise, among others.

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