equipifi announced on May 14 that it has raised $34 million in a Series B financing round. The funding was led by Left Lane Capital, with continued participation from existing investors Curql and PHX Ventures. This latest round brings equipifi’s total funding to $49 million.
equipifi is a fintech company focused on providing banks and credit unions with the ability to offer flexible payments and Buy Now, Pay Later options as part of their digital banking platforms. The company integrates installment lending directly into the financial institutions’ systems, aiming to help these organizations strengthen customer relationships and expand their lending portfolios.
The investment reflects ongoing interest in technologies that allow traditional financial institutions to compete with newer payment solutions. As consumer expectations for flexible payment options continue to evolve, companies like equipifi seek to enable banks and credit unions to remain competitive in the changing payments landscape.
The additional capital will support equipifi’s efforts to further develop its platform and broaden its reach among financial institutions looking for integrated installment lending solutions.
