We're thrilled to emerge from stealth and announce $11.25 million in back-to-back rounds led by QED Investors (Seed) and Portage & Picus Capital (Pre-seed), with participation from Cambrian, Fin Capital, Dash Fund, Mischief and Lorimer Ventures. If you offer B2B payments and are looking to embed working capital tools for your SMB customers, please reach out! #wearehiring
About us
At OatFi, we’re building the complete API infrastructure for B2B payment platforms to embed and monetize working capital solutions. Through an OatFi integration, partner platforms are enabled to provide working capital on both sides of every B2B payment - maximizing transactional revenues, and empowering users to collapse their cashflow conversion cycle.
- Website
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www.oatfi.com
External link for OatFi
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- New York | Distributed
- Type
- Privately Held
Locations
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Primary
New York | Distributed, US
Employees at OatFi
Updates
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Huge kudos to Alex Johnson and Simon Taylor on their breakdown of OatFi on Alex's Fintech Takes pod. This is the most accurate 3rd-party account of our business I've ever heard. I wasn't interviewed prior to this conversation and am impressed by their understanding of our business model, (rarely grokked by those within the venture ecosystem), and intuition around the real future opportunities & questions asked. Our business is a complicated one, and in the nascent world of 'embedded lending', I find that OatFi defines the word 'embedded' quite differently. While we often get lumped in with every 'Lending as a Service' / B2B BNPL / Embedded Lender / etc. out there, if you take time to understand, you'll find that we're quite different. Alex Johnson, Simon Taylor, if you ever want my thoughts on the risks / opportunities you highlighted, holler at me! https://lnkd.in/dXzRV3HK
S8 E3: Not Fintech Investment Advice: Niva, OatFi, Tapi, and Aven
https://spotify.com
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Many thanks to FirstMark for having us!
Want to get a glimpse into the future of fintech and private credit? Last week we hosted 80 folks from the NY fintech and alternative finance ecosystem for an Alternative Capital Demo Day with some of the best early stage operators building the future of financial services both inside and outside the FM portfolio. Grateful to have amazing presenters like Bob Elliott, Samir Shergill, Michael Barbosa, Warren R., Cole Riccardi, Ari Rubin, and Roman Pedan as well as the dozens of investors who joined us. Adding our presentation from the event below and excited to spend more time evangelizing the potential of financial services innovation to drive meaningful alpha for equity and structured product investors alike. https://lnkd.in/gWewcm6V
Copy of Snips.FirstMark Alternative Capital Demo Day (Dec 2023)
docs.google.com
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OatFi reposted this
We’re into December, so before putting out 2024 predictions, how did I do in 2023? 🤔 Let’s see: At the beginning of 2023, I made a few predictions on where I thought fintech was headed. Given the global unrest, rising inflation, tighter capital markets, and potentially more hawkish Fed Reserve actions, it was a particularly apprehensive period. Given the drastic changes the course of 2023, how did these predictions do? Prediction 1: B2B financial products will behave like software Grade: C+ There are signs of this happening, but the majority of B2B payments are still locked into huge ERP systems in large enterprises. The reality is that this market is penetrated by establishing highly specialized purpose built workflows that incorporate payments as a feature. If you want a detailed breakdown, Matt Brown’s post details this extremely well: https://lnkd.in/gX3jxJmK Prediction 2: Alternative lending will explode in demand Grade: A 😎 Not going to lie, feels like a humble brag on this one. When I initially made this prediction, a lot of folks were very bearish on lending. The reality is entrepreneurs need to grow their businesses, and if classic forms of lending aren’t available, then newer models such as embedded lending, combining acquiring and issuing, and different trade finance models come into play. If you’re interested in checking out who’s doing cool stuff, I’m a huge fan of Pipe, Kanmon, Vartana, OatFi, Slope, Canopy. Prediction 3: Mass adoption of machine learning in lending Grade: F 😩 Got skunked on this one. As someone with a data science background, I overlooked how difficult operationalizing machine intelligence is for folks who don’t live and breathe data. This becomes the critical linchpin of any ML-based value chain. In financial services, marginally better ML technology that is easily implemented at scale will always outperform. Well…overall I think stick to building embedded finance. I’ll drop 2024 predictions in January, so make sure you tune in :) and if you have any strong predictions of your own, let me know in the comments. #embedded #embeddedfinance #fintech #baas
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OatFi reposted this
It's no secret that it's been a choppy 18 months for fintech -- and yet the volatility is exactly why I'm long on it. There has never been a time in my investing career more exciting for early stage fintech than right now and the problems are as unsolved as ever. I often get asked who the up and coming fintech companies to watch are. Here in New York we're seeing leaders like Andres K. Marc Escapa Gavin Nachbar Oban MacTavish Paolo Bertolotti, PhD Bob Elliott R. Danae V. and the many others we featured on this list paving strong new paths we expect to be very notable in years to come. In this focal list, we highlighted 25 companies building locally who have raised a Seed or A in the last 18 months. And while NYC is Primary's home base, remember that we make investments everywhere, so if you're building in fintech I'd love to hear from you. I'll also be on the ground and onstage in at Money20/20 next week! If you'll be there I'd love to hear from you.
Focal Fintech: 25 Startups to Watch
primary.vc
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Many Thanks to Emily Man and Primary Venture Partners for featuring OatFi on their list of 25 Fintech Startups to watch!
It's no secret that it's been a choppy 18 months for fintech -- and yet the volatility is exactly why I'm long on it. There has never been a time in my investing career more exciting for early stage fintech than right now and the problems are as unsolved as ever. I often get asked who the up and coming fintech companies to watch are. Here in New York we're seeing leaders like Andres K. Marc Escapa Gavin Nachbar Oban MacTavish Paolo Bertolotti, PhD Bob Elliott R. Danae V. and the many others we featured on this list paving strong new paths we expect to be very notable in years to come. In this focal list, we highlighted 25 companies building locally who have raised a Seed or A in the last 18 months. And while NYC is Primary's home base, remember that we make investments everywhere, so if you're building in fintech I'd love to hear from you. I'll also be on the ground and onstage in at Money20/20 next week! If you'll be there I'd love to hear from you.
Focal Fintech: 25 Startups to Watch
primary.vc
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We'll be at Money20/20 next week if anyone would like to connect! Please reach out to [email protected] to set up a time.
Heading to Money20/20 next week! Please reach out if you'd like to chat