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Fundomate

Can Fundomate become the turnkey embedded lending and banking infrastructure layer powering merchant cash advances and real-time banking for ISOs and payment processors?

Founded2015
HQLos Angeles, California, United States
FoundersSam Schapiro
IndustryFintech / Lending
The story

Founded in 2015 as a direct provider of merchant cash advances and alternative lending for SMBs, Fundomate evolved into an embedded finance infrastructure play for merchant-facing platforms and ISOs. By 2020–2021, the company shifted its primary go-to-market toward white-label and API-embedded funding tools, enabling payment processors and marketplaces to offer automated business financing under their own brands (e.g. Poynt Capital). The 2021 $50M credit facility from Revere Capital underscored a scale-up of both the embedded lending and a nascent real-time banking platform targeting merchant-service providers.

Last 12 months
Product timeline
2015
Fundomate founded in Los Angeles as a provider of automated business funding and alternative lending for SMBs.· lending
2020
Partnered with Poynt to power Poynt Capital, a white-label automated business funding product for US small businesses.· lending
2021
Closed a $50M line of credit with Revere Capital to scale embedded funding and launch a white-label banking platform for merchant-facing partners.· banking
The stack
3 layers disclosed in Fundomate’s embedded-finance stack
Banking / BaaS
Blue Ridge Bank
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: none
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.