Credit Key, a Los Angeles, CA-based B2B e-commerce payments solution, closed a $33.85M in Series A financing.
Backers included Greycroft, Bonfire Ventures, Loeb.nyc and other investors.
The company intends to use the funds to continue to expand its presence in the B2B payment space.
Launched in 2017 by John Tomich, CEO, Credit Key is a B2B financial services technology company that allows merchants to offer an instant buy now pay later function that is integrated at checkout. Its proprietary process allows for fast financing approval that provides purchasers a financing option at the point-of-sale.
The company assumes the credit risk and any loan servicing.