Fintech Startup OatFi Secures $24 Million Funding

OatFi has raised $24 million in new Funding to build out its credit network for B2B payments. The Series A round was led by White Star Capital, with support from existing investors Portage and QED.

The company aims to enhance how businesses manage payment terms—an area that frequently causes friction between buyers and suppliers. With this Funding, OatFi plans to expand its team and reach more platforms.

In B2B transactions, suppliers usually want to be paid quickly, while buyers prefer to wait. That creates a constant push and pull around payment timing. OatFi is trying to ease that tension by offering credit options directly inside the systems businesses already use. The firm stated that this approach enables both parties to obtain what they need without delay.

OatFi’s Technology Integrates With Accounts Payable And Business Card Platforms

OatFi’s technology connects with platforms that handle accounts payable, accounts receivable, and business cards. Its APIs enable users to access financing immediately when a transaction occurs. The company said this helps suppliers get paid faster, while buyers can take more time to pay—without either side needing to leave their existing tools.

Michael Barbosa, leader of OatFi, explained that B2B payments involve more than just funds transfer—complex workflows and data shape them. He said the company focused on embedding its tools within existing business systems rather than building a new platform. This approach enables businesses to manage payments smoothly without the need for additional software.

The firm said its goal is to provide credit without complicating the process. By handling the underwriting and Funding behind the scenes, OatFi lets platforms offer payment terms without taking on risk. It’s a way to turn traditional invoices into more flexible transactions.

White Star Capital Invests In OatFi For Its Infrastructure Focus

White Star Capital said it invested in OatFi due to its focus on infrastructure and its ability to operate quietly behind the scenes. The firm sees good potential in the way OatFi connects lenders and B2B platforms without adding friction. The company said this Funding will help it grow into more industries that depend on long or delayed payment cycles.

QED, one of OatFi’s early backers, stated that the startup is addressing a genuine issue for businesses that encounter slow payments. Many of these businesses are still using manual processes or waiting weeks to chase invoices. OatFi’s model, they said, gives them access to credit right when and where they need it without slowing down operations.

Portage also returned for this round, signaling confidence in OatFi’s long-term approach. The firm said it sees OatFi as part of a larger shift in how business payments work—away from paperwork and toward automation and flexibility. Portage believes the company is building tools that more platforms will want to embed over time.