Settle secures $240M credit facility to expand working capital lending capacity

Settle raised $240M a funding round on October 1, 2026.

Primary

Settle

Amount

$240M

Date

October 1, 2026

Sub-sector

Treasury / Cash Management

Demonstrates strong investor confidence in working capital/cash flow management platforms and shows a well-capitalized competitor expanding upmarket. Relevant for founders in adjacent B2B financial services competing for SMB and mid-market customers.

Primary company

Settle

Counterparty

Not disclosed

Amount

$240M

Event date

October 1, 2026

Sub-sector

Treasury / Cash Management

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com