Meet CrediLinq! They're a B2B fintech that allows businesses to scale through quick and simple financing solutions. Oh, and they've just raised a $2.6M round!

Investor check. 1982 Ventures and White Venture Capital co-led the round. 500 Global, Sequoia Sprouts, Arkana Ventures, GK Plug and Play Indonesia, Sketchnote Partners, Boleh Ventures and EPIC Angels also joined in.

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💰 Makin' that money move

CrediLinq has got two embedded finance products that help marketplaces offer financing (aka, credit) the SMEs buying and selling on their platform — without the hassle.

• Their AI, machine learning and data-driven credit models generate credit scores and calculate risk.

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💸 Where does all the money go

B2B PayLater. With their API, you can offer buyers one-click pay later options when they check out. They can pay in 30–60 days, and you won't have to chase late payments or risk your own cashflow.

• B2B marketplaces often offer buyers on their platform pay-later options due to SMEs' limited cashflow.
• Pay later options allow buyers to purchase more inventory to grow their business while allowing sellers to get paid upfront. (And as the marketplace, this helps you make more $$$!)

GMV Financing. Sellers on your platform need some love too. Offer loans based on past transaction data instantly. (FYI, the usual process can take weeks or months!)

• Why it matters. Here's an example: a seller has sold $150K worth of their inventory on your platform and wants to sell more stock. But, they might be low on cash since they're still waiting to get paid. With financing, they don't have to wait before being able to sell more again!

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💥 What's next?

With the cash, they'll double down on product, head to new markets and grow the team.