PANews reported on February 20th that, according to The Block, Newity, a fintech company focused on facilitating small business lending, has raised $11 million PANews reported on February 20th that, according to The Block, Newity, a fintech company focused on facilitating small business lending, has raised $11 million
Fintech company Newity has raised $11 million to bring small business lending to the blockchain.
PANews reported on February 20th that, according to The Block, Newity, a fintech company focused on facilitating small business lending, has raised $11 million in a strategic funding round as it explores moving these loans on-chain. CMT Digital, a subsidiary of trading and investment firm CMT Group, led the round, with other participants including private and institutional investors. This is Newity's first funding round, which began in late 2024 and will close in December 2025. The round uses a Simple Equity in the Future (SAFE) structure, but Newity's valuation and whether any investors have been granted board or advisory seats were not disclosed.
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