NEWITY Secures $11M Investment, Revolutionizing Small Business Capital with AI and Blockchain
February 27, 2026, 5:28 pm
NEWITY, a Chicago fintech innovator, secured $11 million in strategic investment from CMT Digital. This capital fuels AI-driven lending infrastructure. It also connects small business credit with blockchain-enabled capital markets. The company targets a crucial $350 billion annual funding gap for US small businesses. These firms form 99.9% of American businesses, employing half the national workforce. NEWITY revolutionizes capital access. Its platform quickly provides financing. It has already empowered over 125,000 businesses, facilitating $12 billion in SBA loans. Funding timelines are dramatically reduced. This strategic move aims to convert illiquid small business debt into digital, tradable instruments. The goal is to enhance capital flow, building robust financial infrastructure for entrepreneurs nationwide.
The US small business sector powers the nation. These enterprises comprise nearly all American firms. They employ a significant portion of the workforce. Yet, accessing affordable capital remains a persistent challenge. A substantial $350 billion funding shortfall exists annually. This structural gap hinders growth. It limits innovation. It impacts job creation across the country.
NEWITY directly addresses this critical market inefficiency. The financial technology company focuses on transforming small business financing. Its platform combines cutting-edge AI with forward-thinking blockchain technology. This dual approach aims to streamline loan origination. It seeks to unlock new liquidity sources for small business credit. The recent $11 million investment underscores market confidence in this vision.
CMT Digital spearheaded the strategic funding round. CMT Digital operates as a prominent crypto-focused venture capital firm. It is a division of the broader CMT Group. Their investment signifies a belief in NEWITY's ability to innovate. It validates the potential for digital assets in traditional finance. CMT Digital has a history of investing in blockchain and crypto ventures. Their expertise complements NEWITY's future direction.
The new capital empowers two core initiatives for NEWITY. First, it will scale the company’s AI-first underwriting platform. This enhances efficiency. It accelerates loan processing. AI algorithms analyze data more rapidly and accurately. This translates to faster approvals for small business owners. Second, funds will build infrastructure to connect small business credit with blockchain-enabled capital markets. This is a transformative step.
Blockchain technology promises to reshape financial systems. It offers transparency and efficiency. NEWITY plans to convert traditionally illiquid small business debt into digital instruments. These instruments become tradable. They can be bought and sold by a wider range of investors. This process efficiently recycles capital. It channels funds back to entrepreneurs. This innovative approach could fundamentally change how small businesses secure long-term financing.
NEWITY's track record demonstrates its impact. The company has already supported over 125,000 businesses. It facilitated more than $12 billion in SBA loans. These achievements were realized by significantly reducing funding timelines. The platform operates at one-third of the national average. This speed advantage is crucial for small businesses. Quick access to funds fuels immediate operational needs and growth initiatives.
The company emerged in 2020. It was founded during the height of the COVID-19 pandemic. The Paycheck Protection Program (PPP) highlighted severe funding barriers. Co-CEOs Luke LaHaie and David Cody launched NEWITY to tackle these systemic issues. LaHaie brings experience in private debt funds. He is a serial entrepreneur in private credit. Cody offers three decades of business development and capital markets expertise. His background includes roles at Fortress Investment Group. This leadership blend drives NEWITY's ambitious strategy.
NEWITY’s offerings have already expanded beyond SBA loan facilitation. The company recently launched Growth Term Loans. This broadens access to capital for a wider spectrum of small businesses. It caters to diverse funding needs. This expansion reinforces NEWITY's commitment to comprehensive small business support.
The company clarifies its operational model. NEWITY does not function as an SBA 7(a) lender. Instead, it acts as a digital marketplace and facilitator. Participating SBA lenders originate and approve all SBA loans. NEWITY streamlines the process. It connects businesses with the right lending partners. This ensures regulatory compliance while maximizing efficiency.
This strategic investment marks a pivotal moment. It signifies the convergence of traditional finance with nascent digital asset technology. NEWITY is not merely improving existing lending processes. It is reinventing the underlying financial infrastructure. This infrastructure connects entrepreneurs directly to capital. The blend of AI and blockchain provides the operational scale this market demands.
The goal extends beyond shrinking the $350 billion funding gap. NEWITY aims to eliminate it. By building robust rails for small business credit, capital can flow freely. It can reach any investor. This includes traditional banks, institutional investors, and blockchain-native buyers. This bold vision could redefine small business finance for decades to come. It promises a more equitable and efficient capital landscape for American entrepreneurs. This represents a significant leap forward for small business capital access.
The US small business sector powers the nation. These enterprises comprise nearly all American firms. They employ a significant portion of the workforce. Yet, accessing affordable capital remains a persistent challenge. A substantial $350 billion funding shortfall exists annually. This structural gap hinders growth. It limits innovation. It impacts job creation across the country.
NEWITY directly addresses this critical market inefficiency. The financial technology company focuses on transforming small business financing. Its platform combines cutting-edge AI with forward-thinking blockchain technology. This dual approach aims to streamline loan origination. It seeks to unlock new liquidity sources for small business credit. The recent $11 million investment underscores market confidence in this vision.
CMT Digital spearheaded the strategic funding round. CMT Digital operates as a prominent crypto-focused venture capital firm. It is a division of the broader CMT Group. Their investment signifies a belief in NEWITY's ability to innovate. It validates the potential for digital assets in traditional finance. CMT Digital has a history of investing in blockchain and crypto ventures. Their expertise complements NEWITY's future direction.
The new capital empowers two core initiatives for NEWITY. First, it will scale the company’s AI-first underwriting platform. This enhances efficiency. It accelerates loan processing. AI algorithms analyze data more rapidly and accurately. This translates to faster approvals for small business owners. Second, funds will build infrastructure to connect small business credit with blockchain-enabled capital markets. This is a transformative step.
Blockchain technology promises to reshape financial systems. It offers transparency and efficiency. NEWITY plans to convert traditionally illiquid small business debt into digital instruments. These instruments become tradable. They can be bought and sold by a wider range of investors. This process efficiently recycles capital. It channels funds back to entrepreneurs. This innovative approach could fundamentally change how small businesses secure long-term financing.
NEWITY's track record demonstrates its impact. The company has already supported over 125,000 businesses. It facilitated more than $12 billion in SBA loans. These achievements were realized by significantly reducing funding timelines. The platform operates at one-third of the national average. This speed advantage is crucial for small businesses. Quick access to funds fuels immediate operational needs and growth initiatives.
The company emerged in 2020. It was founded during the height of the COVID-19 pandemic. The Paycheck Protection Program (PPP) highlighted severe funding barriers. Co-CEOs Luke LaHaie and David Cody launched NEWITY to tackle these systemic issues. LaHaie brings experience in private debt funds. He is a serial entrepreneur in private credit. Cody offers three decades of business development and capital markets expertise. His background includes roles at Fortress Investment Group. This leadership blend drives NEWITY's ambitious strategy.
NEWITY’s offerings have already expanded beyond SBA loan facilitation. The company recently launched Growth Term Loans. This broadens access to capital for a wider spectrum of small businesses. It caters to diverse funding needs. This expansion reinforces NEWITY's commitment to comprehensive small business support.
The company clarifies its operational model. NEWITY does not function as an SBA 7(a) lender. Instead, it acts as a digital marketplace and facilitator. Participating SBA lenders originate and approve all SBA loans. NEWITY streamlines the process. It connects businesses with the right lending partners. This ensures regulatory compliance while maximizing efficiency.
This strategic investment marks a pivotal moment. It signifies the convergence of traditional finance with nascent digital asset technology. NEWITY is not merely improving existing lending processes. It is reinventing the underlying financial infrastructure. This infrastructure connects entrepreneurs directly to capital. The blend of AI and blockchain provides the operational scale this market demands.
The goal extends beyond shrinking the $350 billion funding gap. NEWITY aims to eliminate it. By building robust rails for small business credit, capital can flow freely. It can reach any investor. This includes traditional banks, institutional investors, and blockchain-native buyers. This bold vision could redefine small business finance for decades to come. It promises a more equitable and efficient capital landscape for American entrepreneurs. This represents a significant leap forward for small business capital access.