Credit Key
ProviderEmbedded-finance supplier tracked in the Embedded Finance Index — no company has publicly disclosed it yet. Filed under Fintech / Lending.
Buyersnone disclosed yet
HeadquartersLos Angeles, CA
Founded2015
FoundersJohn Tomich
Raised$123M+
Founders & story · from Credit Key’s own dossier
Founded in 2015 as a B2B BNPL company, Credit Key focused on bringing Klarna/Affirm-style point-of-sale financing to business buyers, offering instant credit decisions at merchant checkout across e-commerce and other sales channels. Over time, Credit Key shifted from purely originating loans on its own balance sheet to co-lending with Lead Bank as sponsor bank, allowing it to scale capital deployment and regulatory compliance. The $90M growth capital round with Barings in 2026 signals a shift toward institutional credit facility partnerships to fund loan growth without purely equity dilution.
Latest round: Later Stage VC / Growth Capital, January 2026
Recent developments
- 2026-01Credit Key secured $90M in growth capital and announced a partnership with Barings, a global investment management firm, earmarked for product development, platform partnerships, and merchant expansion. source ↗
- 2024-12Updated Terms of Service (effective December 13, 2024) formally name Lead Bank as co-lender alongside Credit Key, confirming the bank-sponsored lending model. source ↗
- 2025-05Credit Key updated its Privacy Policy (May 14, 2025), disclosing legal entity name as Snap Credit, Inc. d/b/a Credit Key. source ↗
Who uses Credit Key
No disclosed buyers yet — no dossier in the Index names Credit Key in its stack so far
The complete buyer list is not published on this page.
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What Credit Key runs on · from its own dossier
The third-party providers Credit Key itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Credit Key.
Credit Key — frequently asked
Who founded Credit Key?
Credit Key was founded by John Tomich and is founded in 2015, headquartered in Los Angeles, CA.
How much funding has Credit Key raised?
Credit Key has raised $123M+ in total.
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