equipifi, a Scottsdale, Ariz.-based fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, raised $12m in Series A funding round.
The round was led by Curql Collective via Curql Fund and PHX Ventures.
The company intends to use the funds to expand operations and its business reach.
provide financial institutions with BNPL capabilities available through their existing debit cards and banking app as consumer payment preferences evolve.
Led by Bryce Deeney, co-founder and CEO, equipifi is a fintech SaaS powering banks and credit unions with Buy Now, Pay Later (BNPL) solutions that align with their customers’ financial goals. The platform integrates with financial institutions to help them deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. Since its launch in September 2021, the company has already partnered with seven financial institutions through multi-year contracts to bring BNPL to their solution suite.