FundThrough, the Fintech invoice factoring platform for small and medium-sized businesses (SMBs), announced its acquisition of Ampla, the provider of financial technology solutions for consumer brands offering working capital, business banking, corporate cards, and analytics.
Ampla has reportedly surpassed +$2B of loan originations and “handled +$5T of transaction volume through its platform.”
This acquisition strengthens FundThrough’s digital-first ecosystem, creating a platform explicitly designed for small businesses “that sell to larger companies and wait to get paid after invoicing.”
Building on its acquisition of Bluevine’s factoring business in 2021, FundThrough demonstrates its ability to “identify and seamlessly integrate SMB technologies.”
Today, FundThrough’s expanding footprint now delivers crucial invoice factoring solutions across diverse B2B sectors, “including retail, manufacturing, oil and gas, technology, professional services, and food supply and agriculture, with 85 percent of its funding helping American clients.”
Steven Uster, FundThrough’s CEO, remarked:
“Now, Ampla’s technology significantly enhances FundThrough’s AI-powered model, enabling us to level the playing field further. With Ampla, we can scale faster, enhance our credit underwriting and monitoring processes, and help even more businesses solve their number one pain point, cash flow. I’m excited to work with Anthony, a proven entrepreneur with vast knowledge in this space.”
Ampla’s CEO, Anthony Santomo, will now reportedly remain a strategic advisor to FundThrough and will be joined by his core team.
Santomo added:
“I’m excited about Ampla’s acquisition by FundThrough and the potential of the combined platform to support small businesses. This strategic move enhances commerce capabilities and provides operators with greater resources to succeed.”
Concurrently with the acquisition, FundThrough also “raised $25M in equity capital led by existing investor Klister Credit Corp., an early, large investor in both Shopify and FundThrough.”
This strategic investment fuels “expansion into key growth areas, including further acquisitions, investments in technology and AI, enhanced UX, and accelerated product innovation.”
John Phillips, President of Klister said:
“Steven’s leadership has firmly established FundThrough as a bellwether in the fintech and specialty finance industry. FundThrough’s track record over the past years of uncertainty is impressive. FundThrough has stayed tightly focused on robustly serving the needs of small businesses forced to hold receivables from their much larger, better capitalized customers.”
As noted in the update:
“The outlook for small business growth continues to be positive, and my increased investment reflects my confidence in the FundThrough team’s continuing focus on serving this important market through the best service and continual product innovation.”
Uster added:
“As small businesses navigate the evolving global tariffs, the best thing they can do is preserve their cash flow. FundThrough helps bridge the gap by providing peace of mind for business owners during these uncertain times.”