San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Settle Inc. is raising $74,999,750.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Alek Koenig played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Settle Inc.
Cashflow management for the modern business. Streamline your finances so you can scale faster. Our mission is to power the new economy. Building best-in-class tools to automate B2B payments and provide working-capital solutions for businesses. Commerce is experiencing a seismic shift. Its never been easier to create an online store or acquire new customers quickly and efficiently. Why isn’t it as simple and easy to fund that growth? We’ve experienced firsthand how tedious and time-consuming paying vendors really is that’s why we started Settle. When you’re focused on scaling your business, the last thing you want to worry about is processing payments. We started Settle to reduce friction, using best-in-class invoicing tools for brands and vendors alike. Our priority: Create a product that would seamlessly integrate with a company’s pre-existing billing flow.

To learn more about Settle Inc., visit http://settle.co/

Contact:
Alek Koenig, Chief Executive Officer
415-480-4632
alek@settle.co
https://www.linkedin.com/in/alek-koenig/

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