Outfund

Outfund

Outfund is a London-based fintech lender that originated as an alternative to traditional debt and equity crowdfunding for online businesses. It was co-founded by individuals who identified a gap in flexible growth capital for e-commerce, SaaS, and other direct-to-consumer merchants. The firm has raised £37M in equity from investors including Fuel Ventures, Force Over Mass, and TMT Investments. The firm’s strategy centers on revenue-based financing—repayments are drawn as a percentage of daily or weekly sales, with no fixed term or personal guarantee required. Outfund offers loans from £25K to £10M across 3-12 month periods, targeting businesses with at least 12 months of trading and £25K monthly revenue. Its proprietary underwriting engine connects to a borrower’s sales and accounting platforms, enabling a decision within 24 hours. Asset classes funded include marketing spend, inventory purchasing, and working capital for sectors like retail, hospitality, technology, and consumer goods. Outfund reports it has deployed £500M in 2023 and serves over 700 businesses. The 85-person team operates across seven countries, including the UK and other European markets. In June 2021, the firm announced a partnership with an undisclosed UK-based finance provider to expand its distribution. The company is regulated by the UK Financial Conduct Authority. Unlike venture debt or asset-backed lenders, Outfund uses a pure revenue-share model with a fixed fee rather than an APR, positioning itself as a hybrid between a merchant cash advance and a term loan. Its proprietary data platform automates underwriting, reducing human intervention and allowing rapid scaling without a large credit team. The firm does not take equity or personal guarantees, distinguishing its risk posture from both traditional banks and equity-based fintech lenders.