Fence Raises $20M Series A Led by Galaxy Ventures for Lending Infrastructure
Galaxy Ventures led a $20M Series A investment in Fence, a platform that automates asset-backed financing workflows. Fence replaces fragmented, manually intensive servicing operations with a single platform that enforces facility rules in real time. The company already works with BBVA, BlackRock, and Fortress.
Borrowers using Fence have seen cost of capital drop by as much as 40%, while operational overhead has fallen by up to 80%. The platform currently has $1.4B under administration. Galaxy Ventures views Fence as well positioned long-term to serve as infrastructure through which stablecoins are allocated to credit markets.
The round targets a $15 trillion global asset-backed finance market where billion-dollar credit facilities still run on spreadsheets and monthly wire transfers.
- Signals investor confidence in infrastructure-layer solutions that modernize institutional lending operations and reduce fragmentation
- Stablecoin integration potential bridges BaaS lending infrastructure with emerging digital asset payment rails
- OfficialGalaxy Ventures — Insights