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Credit Key Closes Series A Financing of $33M, Expands Footprint in B2B Payments

Nov 23, 2020over 4 years ago

Amount Raised

$33 Million

Round Type

series a

Los Angeles

Description

 Credit Key, the B2B e-commerce payments solution, announced today that it has recently closed $33.85M in total series A financing to support growth with participation from Greycroft, Bonfire Ventures, Loeb.nyc and other investors. The funding comes at a time when Credit Key is experiencing great traction with online merchants that are drawn to the power of its buy now pay later point-of-sale lending tool.

Company Information

Company

Credit Key

Location

Los Angeles, California, United States

About

Launched in 2017, Credit Key is a B2B financial services technology company that allows merchants to offer an instant buy now pay later function that is seamlessly integrated at checkout. Credit Key's proprietary process facilitates lightning-fast financing approval that is unique in the B2B space and proven to help merchants drive sales, revenue and conversions. Merchants equipped with Credit Key also benefit from immediate payment, unmatched ROI from greater AOV, and stronger customer loyalty. To start working with Credit Key, please visit creditkey.com.

FundzWatch™ Score

89
Medium Activity

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Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech