US-based CAN Capital, a company that provides small businesses with access to alternative capital, has raised $33m in Series C funding from investors including Ribbit Capital.

To date CAN Capital has provided access to $3.6 billion in capital to small and medium-sized businesses (SMB), representing roughly 123,000 distinct small business finance transactions. They use their own real-time platform and risk scoring models to assess and facilitate the provision of capital to SMBs in the US and Latin America

This round of funding was co-led by Meritech Capital Partners and Accel Partners. Accel Partners were an existing investor in CAN Capital. The funding round also saw reinvestment…