OneBlinc Receives $100M Credit Facility From Clear Haven

OneBlinc

OneBlinc, a Miami, FL-based fintech company specialized in providing payroll loans for Federal employees, received a $100M credit facility from Clear Haven.

The deal followed closely OneBlinc’s recent $20M Series A, led by Banco Bradesco.

The company intends to use the funds to accelerate future portfolio growth and refinance its existing credit facility.

Led by CEO Fabio Torelli, OneBlinc is a fintech company specializing in payroll loans for Federal employees. Leveraging technology and data analysis, the company continues to work in the field of responsible credit solutions.

Now, OneBlinc plans to leverage its recently announced partnership with Mintech, which provides rails for big data collection and processing, to double down on alternative credit models to maintain access to fair funding at scale.

FinSMEs

16/08/2023