New Jersey based point-of-sale lending startup raised $60m in new funding led by Comvest Partners and Barings.
iCreditWorks was founded by Stephen Sweeney in 2020 with an initial focus on offering point-of-sale (POS) financing to consumers through its mobile loan app, primarily targeting healthcare sectors like dental care. The start-up has since expanded with a PaaS model, targeting financial institutions, enterprise networks and large brands with embedded POS lending solutions.
https://www.fintechfutures.com/venture-capital-funding/icreditworks-raises-60m-for-paas-drive
