FinMkt, Inc.
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FinMkt, Inc. - overview
Established
2011
Location
New York, NY, US
Primary Industry
Financial Services
About
FinMkt, Inc. develops integrated lending and payment solutions aimed at enhancing financing experiences for consumers and businesses through innovative technology and seamless integration. FinMkt, Inc. is a financial technology firm founded in 2011 and headquartered in New York, US.
The company specializes in embedded lending solutions. Luan Cox, one of the co-founders, serves as CEO. FinMkt raised USD 5. 00 mn in Series B funding on July 19, 2019, led by FINTOP Capital, with participation from ManchesterStory Group and West Loop Ventures.
It has completed a total of 2 deals since inception. FinMkt, Inc. offers advanced embedded lending and payments technology, including Captive Lending, Multi-Lender Waterfall, Personal Loan Marketplace, and Point of Sale (POS) Financing. These services are designed to streamline financing processes for consumers and merchants, catering to a diverse client base across North America and Europe.
FinMkt generates revenue through transaction-based fees from its embedded lending and payment solutions. The company processes over USD 1 bn in annual funding, charging merchants fees for platform utilization and offering potential subscription options for premium services. With the recent Series B funding of USD 5. 00 mn, FinMkt plans to enhance its technology offerings and expand its market reach.
The company aims to introduce new products designed to further simplify the financing process. Additionally, it seeks to enter new geographic markets in North America and Europe, leveraging recent investments to support these initiatives.
Current Investors
Sun Hung Kai Properties, Seraph Group, Vectr Ventures
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Credit Collections & Services, e-Financial, Sales & Marketing Software, Content Management Software, Connectivity Software, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.finmkt.io
Verticals
Cloud Computing, FinTech
Company Stage
Series B
Total Amount Raised
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