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556 Octane Raises $100M to Scale Digital Financing Platform Across $150B Recreational Markets

AlleyWatch
AlleyWatch @ AlleyWatch 2 place · today 09:27 EDT

While fintechs scramble for profitability, Octane just closed $100M at GAAP profitability with 30% year-over-year originations growth. The company that makes buying motorcycles, RVs, and boats as easy as ordering an Uber has now originated over $7B in loans and launched a white-label platform that lets manufacturers offer financing without building their own captive lenders. Valar Ventures called this "one of the best tech companies that can compound for far longer than expected." Find out why...

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