Credit score Key, a supplier of an internet “purchase now, pay later” cost service, is planning on sturdy development, pushed by small and midsized companies increasing their attain in B2B ecommerce.

It not too long ago raised $33.85 million in enterprise capital to again that development.

John Tomich, CEO, Credit score Key

“B2B ecommerce continues to develop at an unbelievable tempo, however an important majority of retailers nonetheless lack the cost instruments that their prospects are asking for,” says John Tomich, co-founder and CEO of Credit score Key. “As we equip an increasing number of retailers with our point-of-sale financing possibility, we proceed to see information that factors to bigger orders, fewer deserted carts and improved buyer acquisition.”

Credit score Key assumes the credit score threat and any mortgage servicing to certified patrons, the agency says

The Sequence A funding is from funding corporations together with Greycroft, Bonfire Ventures, and Loeb.nyc. It brings Credit score Key’s complete funding up to now to $36.4 million, based on Crunchbase.

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