SETTLE SECURES $240 MILLION CREDIT FACILITY FROM LEADING INTERNATIONAL FINANCIAL INSTITUTION AND NYC ASSET MANAGER
Summary
Settle secured a $240 million credit facility from an international financial institution and a New York asset manager. The company says the capital will expand its lending capacity and help it serve larger businesses. Settle positions itself as a cash flow management and working capital platform for product businesses, with bill pay, AP automation, invoice tracking, and financing tools. The company also highlights more than $4 billion in total originations and says the new facility strengthens its ability to offer financing options that traditional lenders do not provide.
Funding
Amount
$240.0M
Total raised
Date
October 1, 2026
Announcement date
Investors
Caffeinated Capital, Citi Ventures, Activant Capital, SVB Capital, Founders Fund
Lead investors
Company
settle.com
Funded company
AskAI Classifications
Sectors
Fintech, Banking and Payments
General FinTech
Functions
Accounting and Taxes
Procurement and Purchasing
Developer and IT Infrastructure
Linked Companies
Settle
$10M to $25M