Quiltt, a low-code consumer FinTech platform, has raised $4m in venture capital investment.
The seed round was co-led by Greycroft and Newark Venture Partners, and included participation from Motivate Ventures, Tectonic Capital, Abstraction Capital, Bridge Investment and others.
Quiltt claims its platform comes pre-integrated with best in-class FinTech providers like Plaid, Spade and ApexEdge, which frees up businesses to focus on their core competencies. Alongside its unified API, Quiltt also provides a suite of no-code UI modules to allow anyone to rapidly experiement on top of its data platform.
According to the firm, the funding will be used to add data integrations, build new capabilities and expand the engineering team.
Quiltt CEO and co-founder Ruben Izmailyan said, â€œQuiltt’s vision is to make fintech development more accessible so that more growing businesses and startups can create seamless experiences for their customers. We are excited to partner with leading fintech investors who are as passionate about this opportunity as we are.”
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