i80 Group, an investment firm specializing in structured credit for financial services, has finalized a $300 million credit facility with Brim Financial, a payments, credit card, and financial technology platform, aimed at funding enterprises, fintechs, credit unions, and banks utilizing Brim’s technology for payment product modernization.

The credit facility is designed to provide a funding solution for organizations adopting Brim Financial’s technology platform to enhance their payment offerings. This collaboration underscores i80 Group’s strategy to support financial services companies in their growth and long-term business development.

Peter Frank, Managing Director at i80 Group, noted, “Brim is reshaping the payments and credit card landscape with a modern platform that provides turnkey, cutting-edge technology for banks and credit unions. 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.”

Brim Financial’s End-to-End (E2E) Payments and Cards Platform-as-a-Service is a fully integrated, turnkey solution. It offers a mobile and web digital experience with API-based functionalities, enabling banks and fintechs to launch, scale, configure, and manage their Payments and Card programs. This platform allows for configurable control over Payment and Card product value chains, replacing the need for multiple vendors with a robust architecture and integrated omni-channel servicing capabilities, all within a single, rapidly deployable technology stack.

This transaction represents one of the largest non-bank credit facilities in Canada’s fintech sector, solidifying Brim’s position as a leader in the category. Brim has been recognized by Deloitte Fast 50 and 500, CB Insights Top 100, and Datos Insights Best Business Platforms. The company also received the 2025 international PayTech and Banking Tech Awards in London and New York.

Rasha Katabi, Founder and CEO of Brim Financial, stated, “We are thrilled to partner with i80 Group, whose deep expertise in credit and fintech makes them an ideal Funding-as-a-Service partner. 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.”