– Peach Finance raised $20m in Series A funding.
– Canapi Ventures led the round with participation from existing and new investors, SciFi VC, Caffeinated Capital, Nyca Partners and Moore Specialty Credit.
– The funding will support Peach’s continued expansion within the massive and growing loan management and servicing market, including through new credit product launches, customer growth initiatives and increased hiring.
Peach is the first all-in-one SaaS platform addressing the full range of evolving needs of fintech companies and established financial institutions like banks and credit unions through its loan management, servicing and Compliance Guard™ product offerings.
– Peach’s third-generation system places an emphasis on maximum configurability and superior borrower and customer service experiences, features that are increasingly demanded by digital lenders and expected by today’s consumers.

– Balance is a San Francisco, CA-based payments experience platform for B2B eCommerce.
– Company raised $25m in Series A funding.
– The round was led by Ribbit Capital, with participation from Avid Ventures as well as existing investors Lightspeed Ventures, Stripe, Y Combinator Continuity Fund, SciFi VC and UpWest, and individuals Jacqueline Reses (formerly Head of Square Capital) as well as additional early employees and executives from Square, Plaid, Coinbase, Stripe, and PayPal.
– The new investment will be aimed at expanding the company’s business reach.

– Coast, a company that is aiming to meet the needs of the vast and vital fleets segment, raised $6m in funding.
– The round was led by Better Tomorrow Ventures and joined by Avid Ventures, Bessemer Venture Partners, BoxGroup, Colle, Foundation Capital, Greycroft, Max Levchin’s SciFi VC, and more than a dozen angels including founders of Plaid, Flexport, Marqeta, Bread, Albert, Addi, Lithic, and other fintech and logistics startups.
– Coast’s goal is to use technology to provide fleet business owners and their employees payments products that are intuitive and easy to use.

– Capchase is a NYC-based provider of non-dilutive capital for recurring-revenue companies.
– Company raised $125m in Series A equity and debt funding.
– The round was led by QED Investors, with participation from Bling Capital, ScifiVC and Caffeinated Capital and several angel investors.
– The new investment will be used to launch just-in-time financing for tech companies and expand into the UK and Spain.

– Settle, a startup that provides working capital to e-commerce and CPG companies, raised $15m in Series A funding.
– The round was led by Kleiner Perkins and joined by Founders Fund, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital and AngelList Venture CEO Avlok Kohli.
– The company was founded by former Affirm founder Max Levchin’s Affirm co-founder and former COO of Affirm, Jason Koenig.

– TryNow, a software platform that enables consumers to easily try items at home before buying, raised a $12m Series A funding round from Shine Capital, Craft Ventures, SciFi VC, Third Kind, and Plaid co-founders Zachary Perret and William Hockey.
– TryNow also hired two key executives from Stitch Fix and Affirm as the company’s VP of Growth Strategy and VP of Platform, respectively.
– TryNow’s software platform brings the dressing room to the living room, allowing consumers to check out for free, try items in the comfort of their own home, return unwanted items easily, and only pay for what they keep.
– TryNow brands see a 63% increase in average order value, a 22% increase in conversion rates, and a 76% increase in return on ad spend.