Settle, a cash-flow management startup, recently announced its second funding round in five months. The $60M Series B financing round led by Rabbit Capital included participation from Kleiner Perkins, Caffeinated Capital, Activant Capital, and Stripe. The company’s previous $15M Series A round, five months ago, was led by Kleiner Perkins. Founded in 2019, Settle aims to provide an alternative lending platform for businesses, combining payments, financing, and accounting integration into one tool.
Settle bags $60M to simplify bill payments for e-commerce