OatFi

OatFi operates a credit network delivered through APIs that B2B payments platforms embed into their existing flow of funds. The platform lets partner platforms extend liquidity to their buyers and suppliers, enabling early payment to suppliers, extended billing cycles or net terms for buyers, and automated reconciliation of payments to invoices, without the platform itself raising capital or contracting multiple vendors.

The product is organized as modular building blocks covering KYB verification and fraud prevention, underwriting and automated credit decisioning, origination and distribution of funds, a proprietary loan management system and ledger for real-time account status and reconciliation, capital markets access through OatFi's funding partners with associated reporting, and servicing and collections. A typical transaction flow has the partner platform pass buyer and supplier underwriting data and invoice data to OatFi, which returns an instant credit decision, funds the supplier's early payment or guarantees on-time payment, collects from the buyer on terms or via scheduled billing cycles, and reconciles the payment against the invoice.

Business model

OatFi supplies the infrastructure and the capital layer to partner platforms, positioning accounts payable and accounts receivable workflows as a revenue source for those platforms and providing access to its funding partners so platforms do not have to raise their own capital.

Traction

The company publishes case studies covering commercial charge cards with Unit, accounts receivable funding with Avalara, instant payments to legal talent with Lawtrades, advanced payments on healthcare claims, and net terms for a procure-to-pay platform and a spend management platform.