Momnt, an Atlanta, GA-based fintech company specializing in real-time lending and payment solutions for businesses, raised $15M in funding.
The round was led by TruStage Ventures with participation from Saluda Grade Ventures, existing investors, and a fund within Rockefeller Asset Management.
The company intends to use the funds to continue investing in its people, processes, and technology, further improving its platform.
Led by CEO Barclay Keith, Momnt is a provider of a lending solution that enables businesses to offer their customers diverse financing products, all delivered through a streamlined process. The company launched its platform in 2020 in the home improvement industry and has since grown to become a market leader in point-of-sale financing and is looking to extend its presence into new verticals, capitalizing on industry opportunities. Simultaneously, geographic and product expansion are also on the roadmap.
FinSMEs
06/09/2023