USA – 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.06/09/2023
