Stilt Raises $114M to Power API-Based Credit Products for Fintechs

Stilt announced $114 million in combined funding in March 2022, split between a $14 million Series A equity round led by Link Ventures and a $100 million debt facility. The company provides a single-API credit infrastructure platform that allows fintechs and neobanks to launch credit products such as personal loans and revolving credit lines. The platform manages the full credit lifecycle including origination, payments, credit reporting, and regulatory compliance.

Each partner can access up to $1 million in debt capital through the platform, with deployment possible in as little as two weeks. The funding will be used to expand the platform's capabilities and onboard more fintech partners. This raise reflects strong investor appetite for API-driven embedded lending infrastructure that lowers barriers for non-bank entities to offer credit products.