FinTech Collateral Velocity Closes Investment Round
Collateral Velocity, Inc., a fintech that provides certain and immediate low-cost liquidity for healthcare organizations while improving banking relationships, revenues and relevance, announced it has closed an investment round and partnered with PMMC.
- Collateral Velocity, Inc., a fintech that provides certain and immediate low-cost liquidity for healthcare organizations while improving banking relationships, revenues and relevance, announced it has closed an investment round and partnered with PMMC.
- The investment in Collateral Velocity will be used to expand the platform's capabilities to support the healthcare spend associated with managed bundled payment programs and enable hospitals and health systems to better address the financial uncertainties of various reimbursement practices by health plans and employers.
- Collateral Velocity has designed new financial products based on the processing of public or private medical claims associated with value-based and other payor contracts.
- Collateral Velocity is a portfolio company of Carolinas Fintech Ventures, LP (CFV), an early-stage venture capital firm specializing in financial technology.