Los Angeles based B2B payments platform for e-commerce merchants raised $33.8m in funding from investors including Greycroft, Bonfire Ventures and Loeb.nyc.
“B2B e-commerce continues to expand at an incredible pace, but a great majority of merchants still lack the payment tools that their customers are asking for,” said John Tomich, co-founder and chief executive of Credit Key, in a statement. “As we equip more and more merchants with our point-of-sale financing option, we continue to see data that points to larger orders, fewer abandoned carts and improved customer acquisition.”