Founded in 2019, Uncapped has become the second fastest growing fintech in Europe, recently raising $80 million with unicorn valuation in its sights.
Uncapped offers founder-friendly funding to ecommerce businesses that is fast, fair and doesn’t involve giving away equity. As more and more founders from different platforms came knocking at its door, Uncapped looked to Rutter to streamline business onboarding across platforms so that it could keep up with demand, shorten their integration build time and speed up time to market by 5x.
When Uncapped first found Rutter, the Uncapped team had already spent a year building integrations in house, shares Uncapped’s Head of Engineering Rudy Dobrzynski. After rolling out two integrations Shopify and Stripe in-house, and with a roadmap consisting of Amazon, WooCommerce, Magento, and Shoper, the engineering team of Uncapped was trapped in a rat’s nest.
Uncapped decided that it would be better to leave integrations work to a third party instead of dedicating their engineering team to building them out.
Working with Rutter, Uncapped was able to roll out these new integrations in a matter of days and onboard new merchants in new platforms.
Rutter’s the only provider we’ve worked with that has a 99.999% uptime.
Today, Rutter’s single Universal Ecommerce API is the pipeline that fetches all of the data that Uncapped needs to make an initial loan offer and keep a pulse on merchants for continuous financing.
“We’ve worked with many providers that weren’t reliable, which is a huge issue,” says Rudy Dobrzynski, Head of Engineering at Uncapped. “Rutter is the only provider we’ve worked with that’s given us a 99.999% uptime so far. They’re more reliable than the Facebook API.”
Looking ahead, Rudy and the rest of the Uncapped engineering team plan to use Rutter to continue rolling out support to the longer tail of ecommerce founders, marketplace sellers, and small businesses - something that once took them 2-3 weeks per integration to roll out now takes them absolutely 0 time.