Settle

Category
  • Fintech
  • Commerce
Founded

2019

CEO
  • Alek Koenig

Location

San Francisco,

CA

Website

Cashflow, simplified

Category
  • Fintech
  • Commerce
CEO
  • Alek Koenig

Founded

2019

Location

San Francisco,

CA

Website

About

High-growth ecommerce companies face many challenges – of which one of the most pressing is cash flow. There are often large gaps between when bills are due and customers pay. While non-dilutive financing options exist for startups, they lack the flexibility that businesses need.

Founded by Alek Koenig, previously Head of Credit at Affirm, Settle is a flexible and powerful cashflow platform for modern businesses. Settle combines bill pay and accounts payable with an integrated financing solution to offer merchants buy-now-pay-later functionality on an invoice-by-invoice level.

Where many lending businesses can be transactional and mis-aligned, Settle lets merchants use credit only when they actually need it. The platform is embedded in a merchant’s daily workflow and also saves them money on expensive wires and SaaS fees from clunky accounts payable tools.

Settle explosive organic growth is fueled by a deep customer love for the product.

Our investment

  1. SeriesB

    Money raised

    $ 60 MM

    Investors

    Activant

    Ribbit Capital

    Lead

    Kleiner Perkins

    Caffeinated Capital

    Stripes

Partnering with us

Founders who aspire to build something bigger than themselves chose to partner with us at their most critical point.

Learn more