Miami, FL – Nov 6, 2023 – FairFigure, a leading fintech platform dedicated to unlocking capital for small businesses, today announced it has closed a $3 million funding round from a consortium of private investors. This significant infusion of capital will be strategically allocated to expand FairFigure’s market share and enhance its suite of financial tools designed to empower small businesses with immediate access to capital.
Since its inception, FairFigure has been at the forefront of innovation in the business credit and financing industry. With a unique model that offers businesses the ability to check their commercial and consumer credit scores at no cost, FairFigure has already changed how small businesses approach credit and financing. The FairFigure Business Card, a product known for providing same-day access to capital, has been instrumental in helping numerous businesses meet their financial needs promptly and efficiently.
“This new funding is not just a financial boost but a strong vote of confidence in our mission to revolutionize the way small businesses manage their finances,” said Aaron Velazquez, Founder and CEO of FairFigure. “With these resources, we will continue to break down barriers to capital access and provide small businesses with the robust and user-friendly tools they need to succeed.”
The $3 million funding round will enable FairFigure to accelerate its growth trajectory, focusing on expanding its customer base and developing new features that make business credit more accessible than ever. The company plans to leverage cutting-edge technology to offer a more comprehensive platform that not only simplifies the process of obtaining credit but also educates business owners on financial management.
“Small businesses are the backbone of our economy, yet they often face significant hurdles when seeking the capital necessary to grow,” added Aaron Velazquez. “By enhancing our platform with even more powerful tools and resources, we are committed to helping these businesses thrive in an increasingly competitive marketplace.”
FairFigure’s commitment to small business success is reflected in its proactive approach to providing financial solutions that are both transparent and tailored to the unique needs of each business. With this new round of funding, FairFigure is poised to become an even more influential player in the fintech space, driving innovation and accessibility in business financing.
For more information about FairFigure, or to check your commercial and consumer credit scores at no cost, please visit https://fairfigure.com.
About FairFigure
FairFigure is a cutting-edge fintech company that specializes in providing small businesses with the tools and capital they need to grow and prosper. With a focus on transparency, efficiency, and accessibility, FairFigure is changing the landscape of business financing one company at a time.
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Company Name: FairFigure
Contact Person: Laura Foti
Email: Send Email
Phone: +1 800-785-4268
Country: United States
Website: https://fairfigure.com