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Momnt Expands Partnerships and Celebrates Business Growth
Jan 29, 2025•over 1 year ago
Contract Type
partnership
AtlantaFinancial ServicesFinanceFintechLending
Description
In 2024, Momnt named Chris Bracken as the company’s new CEO and achieved significant business milestones, including closing an asset-backed revolving warehouse facility of up to $200 million and passing $1 billion in loans originated on the platform. The company also reinforced its relationships with partners and merchants while being recognized for its achievements by various organizations.
Company Information
Company
Momnt
Location
4 CONCOURSE PKWY.
Atlanta, Georgia, United States
About
Momnt powers modern lending solutions that enable businesses to provide low-friction financing to their customers at the moment they need it — all funded by trusted lending partners. Its API-based platform leverages alternative data sources and ML/AI-informed decisioning to present real-time loan offers fit to each individual borrower, all done within the banking industry’s current regulatory infrastructure.