DC Advisory advises Credit Key on its $90m capital raise from Barings
Background
- Credit Key is a leading provider of point-of-sale Buy Now, Pay Later (BNPL) services for B2B sales channels
- Founded in 2015, Credit Key provides tailored financing solutions for SMBs, offering flexible payment terms and low-friction application and approval processes
- Credit Key engaged DC Advisory to find a strategic financial partner that could provide a flexible solution to participate in capitalizing its future growth
Process
- DC Advisory acted as the exclusive financial advisor to Credit Key on its financing from Barings
- DC Advisory ran a competitive marketing process across the investor spectrum, generating meaningful demand in support of Credit Key
- By leveraging its deep industry and market expertise, DC Advisory delivered a fundamentally aligned investor and a flexible, and dynamic financing solution
- DC Advisory provided comprehensive strategic, market, valuation, and financial advice, including guidance and closing support in transaction negotiation and documentation
Outcome
- On December 15, 2025, Credit Key entered into a definitive agreement with Barings, whereby Barings provided $90m in growth capital to accelerate product development, scale partnerships with platform partners and expand merchant relationships across the U.S.
- This transaction highlights the strong collaboration between DC Advisory’s US FinTech and Private Capital Markets teams who, together found and placed, a strong financing partner alongside Credit Key
- The transaction strengthened DC Advisory’s relationship with RedBird Capital Partners, a significant minority investor in Credit Key and a prominent fintech investor
“The DC Advisory team were consummate professionals and strategic advisors, working closely with us to define and execute our capital strategy over the course of the engagement. Their fintech expertise and perspective helped ensure the engagement's outcome supported our long-term objectives, not just the mechanics of the raise.”
“Credit Key is redefining B2B payments, and we are thrilled to have advised them on this transformative $90 million capital raise from Barings. By leveraging our deep sector expertise and private capital relationships, we secured a strategic partner that recognizes the immense opportunity within Credit Key’s technology and underwriting engine. This outcome ensures the company is well-capitalized to take advantage of the accelerating B2B E-Commerce sector.”
- Technology & Software
- Private Capital Markets
Disclaimer
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