Artis Technologies, a payment solutions company, announced the closing of a $7 million Series A round led by Saluda Grade Ventures with additional follow-on investment from CMFG Ventures, Fintech Venture Fund, the Independent Community Bankers of America (ICBA), and previous investors.

Artis Technologies powers modern lending solutions for businesses to provide affordable, low-friction financing to their customers at the point of need - all funded by trusted lending partners. Its API-based platform leverages alternative data sources and ML/AI-informed decisioning to present real-time loan offers fit to each individual borrower.