OatFi raises $24mm to build the modern credit network for B2B payments

We are excited to announce that OatFi has raised a $24 million Series A led by White Star Capital, with continued participation from existing investors Portage and QED.

Three years ago, OatFi set out to solve one of the most fundamental pain points in B2B commerce: payment terms.

In traditional B2B transactions, buyers and suppliers often operate on opposing cash flow incentives. Suppliers seek fast post-delivery payments to recover working capital, while buyers look to delay payments to preserve operating cash and liquidity. This fundamental misalignment has historically relied on outdated solutions like checks, or required suppliers to act as de facto lenders to their customers.

Through OatFi's APIs, parties on both sides of the transaction can operate on their terms without compromising working capital. OatFi solves the cash flow mismatch with a modern set of APIs that provides a seamless, behind-the-scenes credit layer that delivers the real-time underwriting, ledger, and capital to facilitate these transactions. By embedding underwriting, origination, and funding capabilities directly into B2B payment platforms within their Accounts Payable (AP), Accounts Receivable (AR), and commercial charge card workflows, OatFi enables platforms to facilitate B2B transactions with built-in financing at the point where it's needed most.

With this funding, OatFi will accelerate product development and integrations across AP, AR, and payments infrastructure providers – advancing its mission to build the modern credit network powering the $35 trillion in annual US B2B payments. 

About OatFi
OatFi is building the modern credit network for B2B payments. Through API-first integrations with AP, AR, and commercial charge card platforms, OatFi enables financing at the point of transaction, solving payment term mismatches between businesses and facilitating more efficient business cash flow.

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