Newity raises $11 million to bring lending platform onto the blockchain

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Newity has raised $11 million in a strategic funding round led by CMT Digital to expand its plan to bring small business lending platforms onto the blockchain.

This fintech company has stated that it has helped over 125,000 businesses access a total of $12 billion in loans since its founding. The funding round was structured as a SAFE agreement and is Newity’s first fundraising, completed by December 2025.

Founded in 2020, Newity focuses on helping small businesses access loans guaranteed by the Small Business Administration. The company does not lend directly but acts as a service provider for processing applications for partner banks such as Northeast Bank.

According to leadership, Newity is developing an AI-based underwriting system that allows preliminary loan approval within a few minutes and disbursement in approximately three weeks. The company’s blockchain strategy is expected to be announced in Q1.

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