Fundation is a technology-driven company focused on enhancing the credit delivery process for small and medium-sized businesses (SMBs). By combining financial services expertise with modern digital technology, Fundation has developed a digital account origination and insights platform that simplifies the borrowing and account opening experience for SMBs. This platform streamlines loan and deposit origination workflows for various products, including business loans, lines of credit, and checking accounts. Fundation partners with a range of financial institutions, from community banks to B2B vendors, to empower them in serving their small business clients more effectively. The company's mission is to support the small business economy by providing innovative solutions that improve the overall experience for both lenders and borrowers.
Senior Vice President and General Manager, Strategic Partnerships
1 past transactions
Kinnek
Acquisition in 2019
Kinnek, Inc. operates an online marketplace designed to assist small businesses in finding suppliers and managing their purchasing needs. By allowing users to create posts for products they require, the platform facilitates the comparison of customized quotes from various suppliers. This process enables business owners to evaluate options, ask for clarifications, and negotiate terms directly with suppliers. Kinnek's platform serves a diverse range of industries, including bakery, beverage production, brewery, farming, food processing, hospitality, restaurant, and more. Established in 2011 and based in New York, the company aims to simplify the procurement process for small and medium-sized businesses that often face challenges due to their specific and customized requirements.
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