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Synopsis
Klister Credit, a venture capital firm investing in the information technology companies, led a $25m Series B round in FundThrough, a fintech invoice factoring platform for small and medium-sized businesses (SMBs). "FundThrough’s track record over the past years of uncertainty is impressive. FundThrough has stayed tightly focused on robustly serving the needs of small businesses forced to hold receivables from their much larger, better-capitalized customers. The outlook for small business growth continues to be positive, and my increased investment reflects my confidence in the FundThrough team’s continuing focus on serving this important market through the best service and continual product innovation," John Phillips, Klister President.
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