Andreessen Horowitz leads $43M Series A for Setpoint, which aims to be the ‘Stripe for credit’

Setpoint, a startup that has built software to help other companies close loan transactions faster, has raised $43 million in a Series A round led by Andreessen Horowitz (a16z).
The raise comes just six months after Austin, Texas-based Setpoint closed a $5.5 million seed round and $150 million in securitization.
Serial entrepreneurs Ben Rubenstein, Stuart Wall and Michael Lam founded Setpoint in 2021 with the goal of “building next-gen infrastructure for all asset-backed lending.” Asset-based lending is any loan that’s secured by an asset. If the loan isn’t repaid, the asset is col

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