TechFlow News, February 20: According to The Block, fintech company Newity has completed a $11 million strategic funding round led by CMT Digital, with plans to migrate its small business lending operations onto the blockchain.
This marks Newity’s first fundraising round, launched at the end of 2024 and closed in December 2025, structured as a Simple Agreement for Future Equity (SAFE). Founded in 2020 during the pandemic, Newity has already provided over $12 billion in financing to more than 125,000 small businesses, with an average loan size of approximately $118,800.
“We’re not just improving small business lending—we’re rebuilding the financial infrastructure that connects entrepreneurs with capital,” said Luke LaHaie, Co-Founder and Co-CEO of Newity. “Artificial intelligence and blockchain provide the foundational infrastructure enabling our team to scale operations in line with market demand.” The company plans to unveil the details of its blockchain strategy in Q1 this year.
