equipal Raises €18.84M Other

London-based fintech equipal raises €18.84 million led by Altum Capital Management to grow its team and expand business equipment lending capacity.

Updated June 24, 2026

equipal Raises €18.84M in Funding

equipal, a London-based fintech startup providing a digital asset finance platform for business equipment, has secured €18.84 million (~$21.5M) in a combined equity and debt investment. This new funding is intended to support team expansion and increase the company’s lending capacity for its point-of-sale financing solutions.

Investors

This round was led by Altum Capital Management, which provided both a €1.4 million equity investment and a €17 million forward flow facility to support the company’s lending activities.

equipal Use of Funds

equipal plans to use the new capital to scale its headcount, specifically targeting roles in business development, marketing, operations, credit, and data analysis to reach a team size of 12 employees within the coming year. Additionally, the funding provides the necessary capital and operational flexibility to support its growing lending capacity.

About equipal

Founded in 2021 by former investment banker Eamonn McMahon, equipal is a tech-enabled funder of business equipment. The company provides a proprietary digital platform embedded at the point-of-sale for equipment vendors across the UK, enabling businesses to secure financing for assets such as manufacturing machinery and transport vehicles.