Quiltt Raises $4M Seed for Low-Code Fintech Infrastructure Platform

Quiltt announced $4 million in seed funding on July 11, 2022, with the round having closed in Q1 2022. The company provides a low-code fintech infrastructure platform that offers APIs and no-code UI modules to help businesses embed banking services without deep engineering resources. Quiltt integrates with established providers including Plaid, Spade, and ApexEdge, creating an abstraction layer that simplifies fintech development.

The platform primarily targets startups and small businesses that lack the engineering capacity to build banking integrations from scratch. Alongside the funding announcement, Quiltt launched its public beta on July 11, 2022. The company plans to introduce a paid infrastructure-as-a-service tier, positioning itself in the growing BaaS enablement space.

The funding will support product development and go-to-market efforts as API adoption in banking accelerates.