OatFi Raises $24M Series A for Embedded B2B Credit Infrastructure

OatFi, a US-based fintech, closed a $24M Series A funding round led by White Star Capital, with participation from Portage and QED Investors. The company provides API-first embedded credit infrastructure designed specifically for B2B payments, enabling businesses to integrate financing capabilities directly into their accounts payable and accounts receivable workflows. OatFi partners with established BaaS and payments providers including Unit, Transcard, and Galileo to deliver its credit network.

The funding will be used to accelerate product development and deepen integrations across the B2B payments ecosystem. OatFi is targeting the massive $35 trillion US B2B payments market, where embedded credit solutions remain underpenetrated. The round highlights growing investor interest in embedded lending infrastructure that sits at the intersection of BaaS and B2B commerce.

QED Investors' participation is notable given the firm's track record in backing successful embedded finance companies.