Momnt Raises $9.5M in Funding
- Momnt Technologies, Inc. (formerly known as Artis Technologies), an Atlanta, GA-based financial technology company, raised $9.5m in funding
- Backers included existing investors plus new strategic investor Yamaha Motor Ventures
- The company intends to use the funds to continue investing in its people, processes, and technology, further improving the platform
- The company Technologies is a fintech company that powers real-time lending and payment solutions for businesses at the point of need
- Its API-based platform leverages alternative data sources and ML/AI-informed decisioning and presents custom, real-time loan offers to individual borrowers at the point of making a purchase
- The company launched its platform in 2020 in the home improvement industry and more recently announced its presence in the healthcare space, entering the patient finance industry
