equipifi Raises $34M Series B to Scale BNPL Across US Financial Institutions
equipifi closed a $34 million Series B on May 14, 2026, to scale its buy now, pay later platform for US banks and credit unions. Left Lane Capital led the round, with continued participation from all existing investors, including Curql and PHX Ventures. The raise brings equipifi's total funding to $49 million.
The Scottsdale-based company enables financial institutions to offer installment payments natively within their digital banking channels, keeping the lending relationship in-house rather than ceding it to third-party BNPL providers. Consumer adoption of bank-embedded flexible payments has more than tripled in the past year, according to the company. Proceeds will go toward expanding product capabilities and growing the firm's network of bank and credit union partners.
- Validates the embedded BNPL-for-banks model as a distinct segment within BaaS lending infrastructure
- Increased competition for consumer-facing BNPL fintechs as banks deploy their own installment products