Setpoint

When Setpoint began, our mission was clear: to build trust in our system of credit. Today, we’re excited to share a major milestone in that journey—raising $31 million in Series B funding, bringing our total to $76 million. Led by 645 Ventures, with strategic investments from Citi, Wells Fargo, and Andreessen Horowitz, along with support from NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny, Vesta Ventures, Fifth Wall, Eltura Capital Management, and Outrunner Capital. This funding will fuel our continued innovation in asset-backed finance. Capital providers and issuers trust Setpoint to make transactions instant, error-free, and effortless. With 6x year-over-year growth since our last round, we’ll keep investing in our customers and technology. Trust and credit are the foundation of society. We’re just beginning to build a lasting product that will redefine how technology strengthens both. Thank you to our customers and partners for being part of this journey. Read the full story on Fortune: https://lnkd.in/eUQwgJQb

💥 We just published the latest edition of Setpoint’s Data Tapes — our bi-weekly newsletter tracking what’s moving in private credit and asset-based finance: debt financings, platform fundraises, market commentary, and more. Highlights: 🔹 Debt financings from Abound, CardWorks, The Carlyle Group +KKR, Chime, Credit Acceptance, Crusoe, Fidelis Investors, Funding Circle UK, Encina Lender Finance, LLC, Holiday Inn Club Vacations, Imprint, Klarna, LIQUiDITY, Mercury, Mission Lane, MPOWER Financing, Nelnet, Pasadena Private Lending, Tala (with Neuberger Berman). 🔹 New platform raises and partnerships from BC Partners, Brookfield + Angel Oak Companies, Capital Four, Castlelake, Churchill Asset Management, Fortress Investment Group, Freeport Financial, Lincoln Financial, Marathon Asset Management, SVB + Pinegrove Venture Partners. 🔹 Commentary from Barron's, BlackRock, Crestline Investors, Inc., Guggenheim Partners, Hamilton Lane, Larry Fink (BlackRock), and Scott Macklin (Obra Capital) Read and join 6,500+ subscribers: https://lnkd.in/edmZ5GJq

We’re proud to share that Setpoint has been named a finalist in two categories at the FinTech Futures 2025 Banking Tech Awards: 🏆 LendTech Start-Up of the Year - Setpoint 🏆 Best LendTech Solution - Setpoint At Setpoint, we’re focused on building the infrastructure behind modern credit—helping capital providers and borrowers move faster and with more confidence. Huge thanks to our team, partners, and customers who make this work possible. And congrats to all the finalists pushing fintech forward! 👉 See the full shortlist here: https://lnkd.in/dfipGFtm #BankingTechAwardsUSA #capitalmarkets #credit #fintech

📍 Next stop: Nashville! Setpoint is headed to IMN's HEI and Home Equity Capital Markets Forum this week. If you're attending, come meet Brent Taggart (Managing Principal) and Hafeeza Woody (Real Estate Partnerships) to learn how we're helping capital providers and borrowers move faster in the home equity space—with automated reporting, streamlined diligence, and real-time portfolio visibility. Want to connect onsite? Reach out to schedule time here: https://lnkd.in/erQv9yR4

Big News! Setpoint has been named “Best Lending Infrastructure Platform” at the 9th Annual FinTech Breakthrough Awards! 🏆 This award recognizes the technologies and companies driving innovation and setting the standard for FinTech solutions worldwide. With over 4,500 nominations, this year’s competition was incredibly competitive, and we’re proud to be in great company alongside winners Brex, Mastercard, Revolut, Citi, Hopper, Xero, Experian, Capital One, Ramp and more. A huge thank you to our team, customers, investors, and partners for making this possible! Learn more about the FinTech Breakthrough Awards and other winners here: https://lnkd.in/gkEK4EjU

Pathway Homes is scaling smarter with Setpoint. As a leader in single-family residential leasing, Pathway Homes is creating more opportunities for future homeowners. By using Setpoint as Calculation Agent, they’ve streamlined funding requests, improved accuracy, and strengthened lender relationships—freeing up time to focus on their growth. ✅ 16x faster fundings – from a full day to just 30 minutes ✅ Smoother lender communications – eliminating 50-person email chains ✅ Automated reporting – replacing manual spreadsheets with real-time accuracy "The time savings alone are incredible,” says Kirk. “Before Setpoint, we spent a full day just resolving data errors through email chains. Now, that’s a 30-minute process. That’s a huge impact when you’re working with a short funding window.” said Cory Kirk, Head of Finance and Accounting at Pathway. 👉 Watch the story and read the case study here: https://lnkd.in/eDf2YA-2

🌴 The Setpoint team is heading to Miami next week for the NPLA Conference. If you're attending and want to connect, let us know—we’d love to meet in person! Book time here to meet with Brent Taggart, Hafeeza Woody, Steven Kats or Jennifer Watkins: https://lnkd.in/ex362JWj

We just published the latest edition of Setpoint’s Data Tapes—our newsletter tracking key moves in private credit and asset-backed finance. This edition covers recent debt financings, platform fundraises, market commentary, and other trends shaping the space. A few highlights: 📌 Recent financings: Affirm, Best Egg x Wafra, JBSL x Crestline Investors, Inc., Duetti x Truist & Viola Credit, Kilo Capital x East West Bank, Element Fleet Management x Blackstone, Fidelis Investors, Figure x Sixth Street, FTAI Aviation x ATLAS SP Partners, Mogo x Fortress Investment Group, SoFi, Sunnova Energy 📌 Platform M&A: Apollo Global Management, Inc. x Bridge Investment Group, Barings x Artemis Real Estate Partners, First Eagle Investments, Redding Ridge Asset Management x Irradiant Partners, LP 📌 New fundraises: 400 Capital Management LLC, DoubleLine, Eltura Capital Management, Northleaf Capital Partners 📌 Market commentary from Alex Johnson (Fintech Takes), Howard Marks (Oaktree), Joel Holsinger (Ares Management Corporation), Matt Wirz (WSJ), Milwood Hobbs, Jr.(Oaktree), TJ Durkin (TPG Angelo Gordon), RCQ Associates Join 6,000+ subscribers and read the full issue here: https://lnkd.in/eudbEh3u

🎉 That’s a wrap on SFVegas 2025! A huge thank you to everyone we met with this week—your insights, conversations, and energy continue to push the industry forward. At Setpoint, we’re building trust in the credit system through technology, and it was incredible to connect with so many capital markets leaders who share our vision for a more efficient, transparent, and tech-driven future. If we didn’t get a chance to meet, we’d love to connect. Feel free to reach out: https://lnkd.in/eK_wPxZg 📷 A few snapshots from the week:

🎉 Our CEO Stuart Wall wrapped up Structured Finance Association's SFVegas conference today speaking on the Next-Gen Securitization: The Tech Transformations Ahead panel, sharing how Setpoint is changing the game with machine learning-driven asset allocation. ➡️ His take on why traditional approaches fall short: