Fintech infrastructure startup OatFi has successfully raised $24 million in Series A funding aimed at developing a credit network for business-to-business payments.
White Star Capital led this funding round, with contributions from existing investors Portage and QED, supporting OatFi’s mission to resolve a key issue in B2B commerce: payment terms.
In traditional B2B transactions, cash flow challenges arise as buyers and suppliers often have conflicting incentives. Suppliers prefer quick post-delivery payments to improve working capital, while buyers aim to postpone payments to maintain cash liquidity.
OatFi addresses this by integrating its underwriting, origination, and funding capabilities directly into B2B payment platforms through its APIs. This allows these platforms to provide built-in financing precisely when needed within accounts payable, accounts receivable, and commercial charge card workflows.
“B2B payments are not just a money movement challenge—they’re a data and workflow challenge,” states Michael Barbosa, CEO of OatFi. “That’s why we’ve focused on deep API integrations that offer working capital solutions within the platforms that businesses already rely on to pay and get paid.”