Pipe has renewed and upsized its credit facility with Victory Park Capital to $225 million, extending the term by two years. The deal expands global capital coverage, improves capital terms and provides greater flexibility on originations. Founded in 2007, Victory Park Capital is a global alternative asset manager specialising in private asset-backed credit. The partnership has been central to Pipe's growth since 2024, when the facility was first signed. Pipe has originated over $300 million in capital advances to small businesses globally since launching in 2024 and grew revenue by three times in 2025. The company provides capital access embedded within business management tools for partners including Boulevard, Housecall Pro, Live Payments and Uber. The renewed facility provides capacity to support Pipe's growth plans for the next three years.

Pipe is excited to announce that we’ve upsized our credit facility with Victory Park Capital (“VPC”) to $225 million and extended the term of the facility by two years. First signed in 2024, this renewed partnership reflects the strong foundation we've built together and our shared confidence in what's ahead.

Pipe Technologies has filed a notice with the US Securities and Exchange Commission to raise $30 million in new funding through an exempt offering of securities under Regulation D. The filing was submitted within 15 days of the first investor committing to the round. Pipe Technologies operates an embedded financial operating system providing cash flow management tools for businesses. Its product suite includes capital solutions offering flexible, sales-based payments and a 30-day pay-in-full charge card for expense management. The company has joined the World Economic Forum's Unicorn Community and partners with UberEats and GoCardless, serving Vertical SaaS platforms, payment facilitators and marketplaces. Jin Han serves as chief administrative officer and secretary.