The round was led by Link Ventures, with participation from Petrushka Investments, Hillsven Capital, Gokul Rajaram, Claire Hughes Johnson (COO, Stripe), Ott Kaukver (CTO, Checkout.com), Rahul Vohra (CEO, Superhuman), Josh Buckely, and others. Stilt also has closed on a new $100 million debt facility for lending to its loan customers, bringing its total raised to $375 million in equity and debt financing.

Stilt is a leading mission-driven company building technology to democratize access to transparent credit products for the millions who are currently shut out by the financial system, such as immigrants, international students, DACA and visa holders. Stilt also provides businesses with the infrastructure to offer credit products to their customers in as little as two weeks, without requiring a bank sponsor. Founded by immigrants on visas, Stilt has lent to people from more than 150 countries around the world.