“Can Fundomate become the turnkey embedded lending and banking infrastructure layer powering merchant cash advances and real-time banking for ISOs and payment processors?”
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.
Fundomate discloses Blue Ridge Bank as its banking provider, according to the Embedded Finance Index 2026.
Fundomate does not disclose a bank charter of its own; its banking services are provided through Blue Ridge Bank.
The Embedded Finance Index 2026 maps 3 layers in Fundomate's stack: Banking / BaaS (Blue Ridge Bank); Lending (Merchant Cash Advance, Revenue-Based Financing / Working Capital, White-label embedded business funding (e.g. Poynt Capital) and Business cash advances up to $500,000); Sponsor bank (Blue Ridge Bank).
Fundomate was founded by Sam Schapiro and is founded in 2015, headquartered in Los Angeles, California, United States.
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