Bizcap acquires US fintech firm

Non-bank lender Bizcap has announced its acquisition of a US-based fintech firm, which will enhance processes to empower small businesses.

Bizcap, along with its US affiliate NewCo Capital Group, has acquired fintech firm 8fig to enhance its processes, enabling SMEs to access smarter and faster funding solutions.

Founded in 2020, 8fig has allowed small businesses to plan, forecast, and scale with ease with its “AI CFO” technology.