New Jersey fintech-specialist Fintap has locked in an $86.5 million credit facility, positioning the company to expand its lending platform and scale operations across business-finance markets.
Highlights:
Fintap secures an $86.5 million credit facility to bolster its embedded finance offerings and support merchant financing.
The capital will be deployed to expand Fintap’s geographic footprint and increase its product suite in the merchant-lending space.
The move signals investor confidence in embedded-finance infrastructure firms catering to high-growth segments like commerce lending and point-of-sale finance.
Summary:
Embedded-finance infrastructure company Fintap has arranged a significant $86.5 million credit facility aimed at accelerating its next phase of growth. The financing is expected to fund the expansion of Fintap’s merchant-lending and embedded-finance propositions, enabling the company to serve more commerce platforms and scale its operations across new markets.
With this strategic capital in place, Fintap intends to broaden its geographic reach, deepen its embedded-finance product stack (including point-of-sale lending, merchant working-capital solutions and white-label finance programs) and strengthen its balance-sheet capacity to support higher volume lending. The transaction underscores the growing momentum behind fintech firms that enable commerce-linked finance and the rising investor appetite for infrastructure that powers the B2B2C finance ecosystem.
