| Founded | 2019 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Fintech |
| Collapse type | Slow Death |
| Founder | Alek Koenig |
Settle
"B2B BNPL for inventory purchases collapsed when e-commerce brands stopped paying back."
Years-long decline before final shutdown
Key Events Timeline
Settle, a cash flow management and accounts payable financing platform for consumer brands founded by Alek Koenig, raised $60M including a $25M Series B in 2022.
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