Equipifi, a Scottsdale, Ariz.-based fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, completed a $12 million Series A funding round.
The round was led by Curql Collective via Curql Fund and PHX Ventures.
The funds will enable equipifi to provide financial institutions with BNPL capabilities available through their existing debit cards and banking app as consumer payment preferences evolve.
This Series A funding round will drive the company's growth and expand BNPL solutions for financial institutions.
Company: EquipiFi, Inc.
Raised: $12.0M
Round: Series A
Funding Month: May 2022
Lead Investors: Curql Fund and PHX Ventures
Additional Investors:
Company Website: https://www.equipifi.com/
Software Category: Buy Now, Pay Later (BNPL) solutions
About the Company: Equipifi is a fintech SaaS powering banks and credit unions with Buy Now, Pay Later (BNPL) solutions that align with their customers' financial goals. The Equipifi platform seamlessly integrates with financial institutions to help them deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. Equipifi’s mission is to support banks and credit unions’ ability to deliver experiences that help foster growth and engagement for existing and new customers.
Source: https://www.prnewswire.com/news-releases/fintech-startup-equipifi-raises-12-million-to-power-financial-institutions-with-buy-now-pay-later-301552427.html