深潮TechFlow
深潮TechFlow|Feb 20, 2026 01:29
[Fintech Company Newity Secures $11 Million in Funding, Plans to Bring Small Business Lending On-Chain] Deep Tide TechFlow reports that on February 20, according to The Block, fintech company Newity has completed an $11 million strategic funding round led by CMT Digital, with plans to migrate its small business lending operations to the blockchain. This marks Newity's first funding round, initiated at the end of 2024 and completed in December 2025, utilizing a Simple Agreement for Future Equity (SAFE) structure. Founded during the pandemic in 2020, Newity has provided over $12 billion in financing services to more than 125,000 small businesses, with an average loan size of approximately $118,800. Newity Co-Founder and Co-CEO Luke LaHaie stated: "We are not just improving small business lending; we are reconstructing the financial infrastructure that connects entrepreneurs with capital. Artificial intelligence and blockchain provide us with the infrastructure to enable our team to scale operations based on market demand." The company plans to announce details of its blockchain strategy in the first quarter of this year.
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