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Nifty Games adds $38M to its coffers for sports Clash mobile games

Nifty Games added $38 million in new capital so it can launch its NFL Clash and NBA Clash mobile games.

About $26 million comes in the form of an investment led by Vulcan Capital, while $12 million comes in the form of debt financing. Much of that money will go toward launching the games and acquiring new users, said CEO Jon Middleton in an interview with GamesBeat.

Fast Cash For Fast-Growth Startups

Miguel Fernández and his team want to help cash-strapped startups with recurring revenue raise money and to do so quickly.

Capchase raises $280M to scale its financing platform for subscription businesses

Almost overnight, platforms that offer non-dilutive capital for recurring revenue businesses have become white-hot. It was only in March that Pipe — which aims to be the “Nasdaq for revenue” — raised $150 million, but two months later had raised $250 million at a $2 billion valuation.

This fever is now reaching Europe, where today Capchase raised an additional $280 million in new debt and equity funding, led by i80 Group, following a $125 million round in June. But unlike Pipe, Capchase is playing both in the U.S. and in Europe, where it has made €100 million available to more than 50 companies in its first month of operation on the continent.