back Back

Novel Capital & Pipeline Entrepreneurs garner capital for Midwest start-ups

By Gloria Methri

February 14, 2023

  • Entrepreneurial Fellowship program
  • FinTech
  • FinTech Entrepreneur

Novel CapitalFinTech B2B growth platform Novel Capital has partnered with Pipeline Entrepreneurs to make non-dilutive capital more accessible to start-ups in the Midwest.

Pipeline is a network of high-performing entrepreneurs whose work directly impacts the growth of the innovation ecosystem and the economy in the Midwest. Novel Capital states that entrepreneurs based in the heartland are overlooked by investors, with much of the attention being concentrated on the coasts.

The partnership with Pipeline Entrepreneurs aims to address this disparity by providing B2B member companies of its Entrepreneurial Fellowship program, access to non-dilutive growth capital. The fellowship program helps a select group of Midwest entrepreneurs grow their companies by providing them with expert advice and resources from a panel of national advisors and mentors.

“Pipeline’s Fellowship program is critical to the success and growth of so many Midwest Founders, and by expanding capital access for their community, we can help these entrepreneurs maximize their growth potential,” said Carlos Antequera, CEO and Co-founder of Novel Capital. “As a former fellow, I know first-hand the impact that the Pipeline program and network have. We want to boost the effectiveness of that foundation by providing Founders access to another critical component – growth capital – at the time they need it most. ”

Novel offers two distinctive capital products for early-stage companies: UpFront Capital, offering controllable payment options and generous 24-month payoff terms, and RevShare, with payments that flex based on monthly cash receipts over 36 months. As Founders grow their businesses, they can access additional capital to fuel their momentum.

“There are so many promising start-ups in the Midwest, but they often lack the access to capital needed to become scalable,” said Melissa Vincent, Executive Director of Pipeline Entrepreneurs. “We are excited to work with Novel Capital to provide entrepreneurs with an alternative form of funding custom-built for Founders at this growth stage.”

Previous Article

February 14, 2023

Nexi Digital Finland accelerates digital payments in Europe

Read More
Next Article

February 15, 2023

PayU appoints new head of risk operations and anti-money laundering for India

Read More

IBSi Daily News Analysis

December 05, 2023

Entrepreneurial Fellowship program

Why joining forces is key to boosting bankability and bridging climate finance gaps

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Swiss crypto bank SEBA rebrands to AMINA Bank

Read More

December 04, 2023

Trulioo partners with Public for its UK launch

Read More

December 04, 2023

Cedar-IBSi FinTech Lab expands horizons: Unveils expansion plans and diverse program offerings

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023