Strong Market Presence Setpoint is a rapidly growing player in infrastructure for asset-based lending, with over $50 billion in assets financed annually, indicating significant market traction and expanding opportunities for financial institutions seeking advanced credit technology solutions.
Robust Funding Support With a recent $31 million Series B funding round led by major investors including Wells Fargo, Citi, and Andreessen Horowitz, Setpoint is well-capitalized to scale its solutions and invest in innovative product development, opening avenues for partnerships and joint ventures.
Strategic Partnerships Recent collaborations with Wells Fargo and Backflip demonstrate Setpoint's focus on enhancing payment disbursement and real estate services, presenting opportunities to introduce integrated financial platforms and tailored lending solutions to banking and real estate firms.
Real Estate Expansion The company's development of a real estate transaction platform and acquisition of resolute diligence solutions position it to serve real estate lenders and investors, making it a compelling partner for financial institutions seeking streamlined property loan processes and asset management.
Technology Leadership Utilizing a modern tech stack and innovative cloud-based infrastructure, Setpoint offers scalable and secure credit automation solutions, making it an ideal candidate for financial technology vendors and institutions looking to modernize their lending infrastructure.