Credit Key, a B2B payments and financing platform, has secured USD 90 million in new growth capital and teamed up with the global investment manager Barings.

The raised funds will drive Credit Key’s expansion and bolster its product development plans as more B2B e-commerce merchants, marketplaces, and fintech companies seek solutions to support their SME customers who are increasingly shopping online.

Expanding B2B Payment Solutions

Credit Key empowers small and medium-sized enterprises (SMEs) by providing them with fast, transparent access to net terms and flexible payment options. The platform seamlessly integrates into merchant ecommerce and sales processes, streamlining B2B transactions and giving buyers more control over their financial operations.

Flexible payment solutions are essential for the success of B2B e-commerce, a trend that Barings and Credit Key have recognized in their collaboration. This partnership aims to enhance both companies’ positions as they enter their next phase of growth by offering businesses improved access to working capital and simplified checkout experiences.

Barings is a global asset management firm that works with institutional, insurance, and intermediary clients, providing them with flexible financing solutions. By utilizing its extensive global presence and expertise in fixed income, real assets, and capital solutions, Barings aims to generate excess returns.

The firm is convinced that business buying will continue to become digitalized rapidly, making flexible payment options crucial for success. Credit Key is building the necessary infrastructure to support this shift, and Barings’ partnership reflects its positive outlook on working with the company.

With the new capital infusion, Credit Key plans to intensify product development, expand partnerships with platform providers, and broaden merchant relationships in the United States. The company aims to leverage modern payment options at checkout to help merchants boost conversion rates and order sizes.