Settle
Settle is a company based in Egypt. Builders in Fintech has recorded 3 equity rounds for Settle, most recently a pre-seed round of $2M on 18 September 2024.
Added ·
- $77M
- debt facility · $100M · 30 October 2026 · led by 3Jane
Timeline
debt facility · Debt · $100M · 3Jane (lead)
Credit facility · Debt · $240M
Credit facility · Debt · $240M
Pre-seed · $2M · Shorooq Partners (lead), Acasia Ventures, El Sewedy Capital Holding, Plus VC
Debt · Debt · $280M · Ribbit Capital (lead)
Series B · $60M
Unspecified · $15M · Kleiner Perkins (lead)
People
Current
- Alek Koenig — Co-founder and CEO
All funding rounds in the database
Product
Accounts payable, purchasing and inventory financing for CPG brands
Finance operations and accounting
Settle provides back-office software and working capital for consumer packaged goods brands. Its platform handles procurement and purchase orders, accounts payable with automatic matching of invoices to POs and receipts, approval workflows, landed-cost tracking, and cash visibility and forecasting, with integrations into accounting and commerce tools. Brands can pay vendors directly or finance inventory purchases with non-dilutive working capital ranging from about $20,000 to $15 million, approved within days. Settle says it has provided more than $4 billion in funding to brands since 2019.
Agent access
- API documentation
- Open
Description from the company website
Agent-Ready 0/5
- Discoverable — Can an agent find and read it?Not found on 3 November 2026
- Documented — Can it understand the API without a login?Not found on 3 November 2026
- Testable — Can it try the API without a sales call?Not found on 3 November 2026
- Connectable — Can it connect directly (MCP)?Not found on 3 November 2026
- Trusted — Can it see who runs it securely?Not found on 3 November 2026
Description from the company website · Source
In the news
- Settle’s $100m forward flow signals blockchain credit shift (opens in a new tab)
- SETTLE LAUNCHES PUBLIC API AND MCP SERVER, OPENING ITS PROCURE-TO-PAY PLATFORM TO AI AGENTS (opens in a new tab)
- Fintech Settle secures $240m facility for working capital advances (opens in a new tab)
- Settle secures $240m credit facility to scale lending (opens in a new tab)
- Solstice Advanced Materials, Plaintiffs Announce Agreement in Principle to Settle Longstanding Litigation Related to Metropolis Works Operations (opens in a new tab)
Headlines from third-party publications, matched automatically. Links go to the original source.