Equipifi has secured $34 million in Series B funding led by New York-based venture capital firm Left Lane Capital.
All existing investors, including Curql and PHX Ventures, also participated in the round, bringing Equipifi’s total funding to $49 million following its $12 million Series A raise in 2022.
Founded and led by CEO Bryce Deeney, Equipifi enables banks and credit unions to offer flexible payment solutions by embedding installment lending and buy now, pay later (BNPL) capabilities directly into their digital banking platforms.
The company’s client base includes Suffolk Credit Union, Orsa Credit Union, and Credit Union of Texas.
According to the company, the new funding will support product development, expansion of institutional partnerships, and hiring across product and engineering teams. Equipifi expects to double its headcount over the next 12 months.
Earlier this year, Equipifi partnered with technology company CUSG to expand the reach of its BNPL solutions across the group’s network of credit union partners.
