Quartix, a Charlotte-based fintech firm focusing on supply chain finance for mid-market industrial clients, has secured an additional $15 million in funding, bringing its total amount raised to $50 million. SR Alternative Credit led the funding round. Quartix’s SaaS platform facilitates payments and collections for mid-sized buyers and their vendors. Leveraging the buyer’s creditworthiness, Quartix offers financing options to suppliers, facilitating negotiations for extended payables without vendor friction.

Quartix Raises Additional $15M in Funding