i80 Group and Brim Partner to Offer Funding-as-a-Service With $300 Million Credit Facility

This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentNEW YORK & TORONTO — i80 Group, a leading investment firm focused on providing structured credit to the financial services sector, today announced the closing of a $300 million credit facility with Brim Financial (“Brim”), one of the leading payments, credit card and financial technology platforms.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThe facility will provide a compelling funding solution for enterprises, fintechs, credit unions, and banks that are choosing Brim’s technology platform to modernize their payments products.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle content“Brim is reshaping the payments and credit card landscape with a modern platform that provides turnkey, cutting edge technology for banks and credit unions,” said Peter Frank, Managing Director at i80 Group. “We are excited to partner with Brim’s leadership team to provide asset-based capital to Brim’s customers. This facility underscores i80’s commitment to backing financial services companies that are scaling and building durable, long-term businesses.”Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentBrim Financial’s End-to-End (E2E) Payments and Cards Platform-as-a-Service is a fully integrated, turnkey solution that provides a seamless mobile and web digital experience with API-based functionalities. It enables banks and fintechs to launch, scale, configure, and manage their Payments and Card programs, empowering them to create unique financial solutions for their customers.Article contentBrim’s platform offers customers fully configurable control over their Payments and Card product value chains, and replaces the traditional need for multiple vendors with a robust architecture, as well as integrated omni-channel servicing capabilities. These can all be rapidly deployed and embedded into an existing ecosystem, all within a single technology stack.Article contentThe transaction represents one of the largest non-bank credit facilities of its kind in Canada’s fintech sector, reinforcing Brim’s position as a category leader.Article contentBrim is one of the fastest-growing financial technology companies in the world, recognized by Deloitte Fast 50 and 500, CB Insights Top 100, Datos Insights Best Business Platforms, and won the 2025 international PayTech and Banking Tech Awards in London and New York respectively.Article content“We are thrilled to partner with i80 Group, whose deep expertise in credit and fintech makes them an ideal Funding-as-a-Service partner,” said Rasha Katabi, Founder and CEO of Brim Financial. “This facility is transformative for Brim’s bank, fintech, and credit union partners, providing the resources to accelerate their product launches and deliver on our vision of empowering customers and partners with the most advanced cards and payments platform in the market.”Article contentAbout i80 GroupArticle contenti80 Group is an SEC-registered, global investment firm that was founded in 2016. The firm provides asset-based credit that helps companies scale through critical growth milestones. i80 Group manages approximately $2bn, with headquarters in New York and an office in London. For more information, please visit www.i80group.com.Article contentAbout Brim FinancialArticle contentBrim Financial is a Canadian fintech company offering innovative credit card and embedded banking solutions for consumers and enterprises. Through its proprietary technology platform, Brim delivers a fully digital, customer-centric cards and payments experience that empowers users and partners alike.Article contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20251216421060/en/Article contentArticle contentContactsArticle contentMedia Contact Article contentArticle contentMike GellerArticle contentArticle contentProfile AdvisorsArticle contentArticle contentmgeller@profileadvisors.comArticle content#distroArticle contentTrending The Federal Reserve’s rate cut was a clear signal to investors Investor Garry Marr: How raiding your TFSA before the end of year could save you thousands Personal Finance McKinsey plots thousands of layoffs in consulting slowdown Work Posthaste: Canada's provinces face 'deteriorating' outlook, says Fitch Ratings News CRA's 100-day plan results are not the presents Canadians want or need Taxes Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.

The Federal Reserve’s rate cut was a clear signal to investors Investor Garry Marr: How raiding your TFSA before the end of year could save you thousands Personal Finance McKinsey plots thousands of layoffs in consulting slowdown Work Posthaste: Canada's provinces face 'deteriorating' outlook, says Fitch Ratings News CRA's 100-day plan results are not the presents Canadians want or need Taxes