Credit Coop, which transforms credit markets by converting business cash flows into programmable collateral, has secured $4.5 million in seed funding led by Maven 11 and Lightspeed Faction, with additional contributions from Coinbase Ventures, Signature Ventures, Veris Ventures, TRGC, and dlab.
The funding will allow Credit Coop to expand its team and operations. The platform offers real-time settlement, automated loan servicing, and transparent credit monitoring, providing institutional lenders with access to uncorrelated yields backed by verifiable cash flows. Its “mix and match” approach helps businesses use both traditional assets and future cash flows to secure credit efficiently.
Central to Credit Coop is its Secured Line of Credit, powered by the Spigot smart contract, which allows businesses to collateralize future revenues, enhancing capital efficiency while ensuring security for lenders. To date, the platform has managed a total volume of $150 million, with over $8.5 million in active loans. Trusted partners include Rain and Coinflow. A collaboration with Visa will enable card issuers to utilize card receivables as programmable collateral, as detailed in an upcoming case study.
KEY QUOTES:
“We’re eliminating the friction that has kept credit markets stuck in the 20th century. With strong traction and growing demand, this funding round accelerates our mission to serve every business that’s been told to wait 30 days for the capital they need today. We’re making credit work for the 21st century—instant, transparent, and always on.”
Christopher Walker, Founder and CEO of Credit Coop
“Credit Coop represents a fundamental shift in how credit markets operate. By giving lenders direct control over repayment flows, they have eliminated counterparty risk, enabling undercollateralized lending. Under Christopher’s leadership, we see Credit Coop as a sharper, cleaner and more composable credit stack. This represents a major step forward for capital efficiency, providing better infrastructure not just for DeFi and cryptonative projects, but for the global financial system that is progressively moving onchain.”
Alexander Essle, investor at Maven 11
