UA funding
5 min. read

By
Phil Mohr
Krupa Modi
CEO & Co-founder
UA Funding Lead
Sep 30, 2025
Finally, a sustainable, game-friendly funding solution that helps you grow user numbers and your bottom line, together.
In the past year, we’ve seen an explosion of UA funding providers targeting mobile gaming studios. On the surface, that’s great news for developers looking for flexible, non-dilutive capital.
Initially at Metica, we thought partnering with these specialized funds was the obvious next step. After all, we have the uniquely powerful insights into game performance, tracking precise user acquisition strategies, in-game monetization, and predicting player lifetime value (LTV) with industry-leading accuracy. Our data-driven approach allows us not only to optimize games for higher LTV, but also to confidently forecast ROAS, reducing the underwriting risk for lenders.
Given our capabilities, we expected existing UA funds to enthusiastically leverage our data and analytics to offer studios significantly more competitive rates. In theory, lower underwriting risk should translate directly to better rates for studios, making growth financing far more affordable and accessible…. Or so we thought.
Unfortunately, when we approached potential funding partners, reality quickly set in. Rather than passing savings onto studios, these UA funding providers were content to keep their prohibitively high interest rates and fees unchanged, or even raise them to expand their own margins. They were happy to partner with Metica, not to lower costs for studios, but to boost their own profitability.
We quickly realized this wasn't aligned with our mission or in the best interests of our gaming partners. High-cost financing puts unnecessary pressure on studios' already stretched margins, constraining growth precisely when studios need flexible capital the most.
That's why we decided to build something better ourselves. And we are quickly finding this is a core part of our solution for games.
Metica’s UA Funding is designed specifically to solve the profitable growth challenge faced by games. Because we already have deep, data-driven visibility into the core performance metrics driving game profitability, our underwriting is both faster and more accurate. We pass these efficiencies directly back to studios, offering far lower, fully transparent rates without hidden margins or fees.
In short, we built the UA funding solution we wish had existed. One that games deserve. A genuinely game-friendly financing solution that helps studios scale profitably, not one that exploits them.
At Metica, we believe financing should never hold great games back. That's why we're committed to providing fair, transparent, and affordable capital that accelerates growth and maximizes your game's true potential.
Because in this new era of mobile gaming, data-driven capital isn’t just smart—it’s essential.
If you are a capital provider - we’re well-capitalized, but always open to teaming up with partners who share our vision for fairer debt game financing, de-risked by the Metica Growth Loop.
How Metica Fuel Fits into the Growth Loop
The concept of the Metica Growth Loop is simple yet powerful.
Unify UA, monetization, and in-game personalization into one seamless cycle. Our technology personalizes player experiences right from their very first session, driving significantly higher engagement and LTV. Higher LTV then creates stronger ROAS, allowing studios to reinvest with confidence in user acquisition.

However, to truly activate this Growth Loop, studios require fast, affordable, and flexible capital to accelerate user acquisition without delay. That’s exactly where Metica Fuel, our UA Funding, comes into play.
By offering UA funding directly connected to our real-time data insights and predictive analytics, we enable studios to deploy growth capital at precisely the right moment. Our UA Funding is dynamically tied to your game’s actual cohort-level performance: as user cohorts perform better, credit lines expand; if performance dips, they contract. This real-time adaptability protects studios from over-leveraging while ensuring they never miss an opportunity to scale.
Metica Fuel completes the Growth Loop, transforming real-time personalization and performance data into a powerful engine for profitable, scalable growth.
How Metica Fuel Works, Step By Step
Here’s the full process, from initial conversation to repayment:
1. Submit Performance Data
Give access to your studio’s Mobile Measurement Partner (MMP) and Ad networks, providing key metrics, UA data, and financials required for accurate underwriting.
2. Underwriting & Term Sheet
Metica quickly evaluates the data and issues a clear, transparent term sheet outlining key terms including facility size, funding tenor, cost, and co-spend requirements. Our terms are always straightforward—no hidden fees or surprise costs.
3. Monthly Planning with Weekly Adjustments
If you go ahead, at the start of each month, Metica sets the fundable UA budget based on cohort-level ROAS predictions. Our UA experts work closely with your team, reviewing spend allocation and ROAS targets weekly.
4. Revenue-Linked Repayments
Repayments are revenue-linked, automatically deducted from the cohorts’ generated revenue. A flat, non-variable, pre-agreed fee covers financing costs, meaning there are no ballooning fees even if repayment extends longer than initially planned. If ROAS exceeds expectations, repayment happens sooner. You keep the upside - any surplus revenue belongs 100% to the studio.
5. Dynamic Credit Line
Unlike traditional loans, Metica’s credit line adjusts dynamically. If cohort performance exceeds forecasts, the credit limit expands to unlock further growth. Conversely, if performance dips, the line contracts to prevent financial risk for both parties.
6. Complete Transparency
Every dollar drawn and repaid is clearly reconciled with your ad-network invoices and revenues—no hidden markups, rebates, or arbitrage. Our tier-one VC backing means our terms and transparency standards have been fully vetted by experienced gaming investors.
At Metica, our UA Funding isn’t just financing, it’s strategic fuel designed precisely for the unique needs of mobile games. We built it because we believe studios deserve financing partners that genuinely understand gaming economics and have aligned incentives.
When you win, we win.
Ready to take your game’s growth to the next level?
If you’re looking for flexible, fair, and transparent capital that works with your data, and not against your margins, then Metica Fuel is built for you. Whether you’re already scaling or just reaching product-market fit, we’ll help you turn performance into momentum. Reach out today for a free funding readiness analysis and see how Metica can unlock your next level of growth.