Momnt Technologies, Inc. (formerly known as Artis Technologies), an Atlanta, GA-based financial technology company, raised $9.5m in funding.
Backers included existing investors plus new strategic investor Yamaha Motor Ventures.
The company intends to use the funds to continue investing in its people, processes, and technology, further improving the platform.
Led by Barclay Keith, CEO, Momnt Technologies is a fintech company that powers real-time lending and payment solutions for businesses at the point of need. Its API-based platform leverages alternative data sources and ML/AI-informed decisioning and presents custom, real-time loan offers to individual borrowers at the point of making a purchase. The company launched its platform in 2020 in the home improvement industry and more recently announced its presence in the healthcare space, entering the patient finance industry.
In 2021, the company closed a $7 million series A funding round and has since grown to more than 100 employees.
FinSMEs
07/09/2022