Greenbox Capital announces acquisition of Level Up Funding

By Pavithra R

Greenbox Capital, a FinTech in the alternative industry providing small businesses access to working capital, has announced the acquisition of Level Up Funding.

The acquisition will help enhance Greenbox Capital’s existing leadership team and allow it to accelerate its long-term growth opportunity by rolling out a line of credit product, launching in additional international markets, and key enhancements of its proprietary software “The Box” to further differentiate on the market.

The acquisition will help enhance Greenbox Capital’s existing leadership team and allow it to accelerate its long-term growth opportunity by rolling out a line of credit product, launching in additional international markets, and key enhancements of its proprietary software “The Box” to further differentiate on the market.

“We are thrilled to have Level Up Funding join our organization. Their founders and key staff are a wealth of industry knowledge. The acquisition will immediately impact growth and the unique selling proposition that we offer our clients. We’ll continue to make strategic moves to scale, which includes synergistic acquisitions to further distance ourselves from our competitors. Level Up is the first of many to come,” said Greenbox Capital CEO, Jordan Fein.

Greenbox Capital’s lending platform, The Box, creates an unparallel funding experience for business owners and brokers which increases the speed of funding by providing key features that allow for customization and self-service options to fit each businesses’ unique needs. The box overhauls traditional means of obtaining capital with an Uber-like experience for the lending market.

“Our mission has always been driven by a consumer first perspective. Having a shared vision for the future of alternative lending, we are excited to work together to leverage technology to enhance Greenbox Capital’s product offering and create a seamless customer experience,” said Level Up Co-Founder and President, Maciej Bykowski.

“We’re very excited for our future here at Greenbox. We will have the opportunity to develop new products that will aid clients across the US and abroad with their business growth,” said Level Up Co-Founder and Head of Product, Drew Batiato.