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OatFi secures $24M in Series A funding, led by White Star Capital, to enhance product development and integrations.

Jun 03, 20256 months ago

Amount Raised

$24 Million

Round Type

series a

New YorkFinanceFintech

Investors

QedPortageWhite Star Capital

Description

OatFi, a NYC-based API-first fintech infrastructure company, raised $24M in Series A funding. The round was led by White Star Capital, with continued participation from existing investors Portage and QED. The company intends to use the funds to accelerate product development and integrations across AP, AR, and payments infrastructure providers. Led by CEO Michael Barbosa, OatFi offers a credit network for B2B payments, facilitating more efficient business cash flow.

Company Information

Company

OatFi

Location

New York, New York, United States

About

OatFi is a NYC-based API-first fintech infrastructure company that provides a credit network for B2B payments. It enables financing at the point of transaction, addressing payment term mismatches and facilitating efficient business cash flow. The company's API-first approach is designed for seamless integration into existing workflows of AP/AR systems, issuer processors, and payment platforms. OatFi has formed partnerships with various infrastructure players and integrated with over 25 platforms in the past three years.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech