Biz2Credit Raises $52M Series B to Expand Biz2X SMB Lending Platform
On June 4, 2019, Biz2Credit announced a $52 million Series B investment from WestBridge Capital. The funding is earmarked for expanding its Biz2X platform, a SaaS-based solution that allows banks and financial institutions to digitize their small and medium business lending operations. The platform covers the full lending lifecycle including origination, servicing, and analytics.
By enabling banks to modernize their SMB lending infrastructure through a technology partner, Biz2X operates in the BaaS-adjacent space of fintech-bank enablement. The investment signals growing investor confidence in platforms that bridge traditional banks and digital lending workflows. Financial terms were disclosed at $52 million, though valuation details were not publicly shared.
The deal positions Biz2Credit to deepen its partnerships with banking institutions seeking to compete with digital-native lenders.
- Growing investor appetite for fintech platforms that enable banks to digitize lending operations
- Signals broader trend of banks relying on third-party SaaS infrastructure for SMB credit products