RESTON, Va. – Quantum Lending Solutions, an AI-based enterprise platform for financial institutions, marketplaces, and technology platforms, announced the closing of a $400 million financing round. The funding package includes a warehouse line with an initial commitment of $250 million, corporate debt, and equity investments.
The financing was led by a global asset-based private credit firm, with debt participation from ATLAS SP Partners and equity participation from LL Funds. Macquarie Capital advised Quantum Lending Solutions in this transaction.
This capital infusion is intended to bolster Quantum’s AI-powered lending infrastructure, enabling banks and technology platforms to extend responsible, long-term credit to their small and medium-sized business customers.
Mickey Konson, CEO of Quantum, commented on the growth, stating, “Quantum has grown significantly in recent years as we expand to meet the demand of banks and technology platforms looking to extend responsible long-term credit to their customers. We see this trend accelerating as we launch our recently rebuilt AI-based platform into the market.”
Raj Mundy, Partner at LL Funds and Chairman of the Board at Quantum, expressed confidence in the company’s direction. “LL Funds has long believed in Quantum’s vision and leadership. As both an equity investor and as Chairman of the Board, I’ve seen firsthand how the team has rebuilt the company for the AI era while delivering consistent growth. We’re excited to continue supporting their mission to provide banks and platforms with the infrastructure they need to serve their business customers responsibly and at scale,” Mundy said.
Quantum Lending Solutions was formed two years ago through the merger of Fundation, Camino Financial, and the small and medium-sized business (SMB) operations team from Amount. Since its formation, the company has raised over $50 million in equity capital, doubled its originations while decreasing losses by more than 50%, rebuilt its technology platform for the AI era, onboarded over 100 new partners, and tripled its lending capacity. This latest financing marks a significant step in Quantum’s objective to become a prominent enterprise-grade SMB lending infrastructure provider for banks and technology platforms.
Quantum provides AI-based decisioning and lending infrastructure. ATLAS SP Partners is a global investment firm specializing in structured credit and asset-backed solutions. LL Funds is an SEC-registered investment advisor based in Pennsylvania, focusing on structured products and the FinTech sector.
