Momnt and Saluda Grade have secured an uncommitted asset-backed revolving warehousing facility of up to $150 million from Jefferies.
Momnt has closed its latest capital raise, totaling $15 million, led by TruStage Ventures with a new investment from a fund within Rockefeller Asset Management.
Momnt has been named a Best Place to Work in Fintech by American Banker.
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, is excited to announce the launch of a partnership with Cross River, a leading financial services and technology infrastructure provider that offers embedded financial solutions.
Modern consumers demand simple payments and are unwilling to accept more friction—embedded lending presents lenders with a big opportunity.
Embedded lending has become one of the most innovative and exciting areas of fintech. No more friction, the end of delays, simple payments, and enhanced security are some of the ways Momnt has reimagined consumer lending.
3 Ways Community Banks can Win Long-Term with Business Customers using Momnt Traditional banking models have been disrupted and due to the pandemic, the shift towards innovation and going digital…
Barret School of Banking · Efficiencies Through Fintech Lending In order for both community banking and fintechs to succeed, we are all going to need to work together in mutually…