[Techtaffy Newsdesk]

BillFloat has raised $21 million in new funding.

This investment round was led by Investor Growth Capital and joined by returning venture investors Venrock, First Round Capital and Baseline Ventures, and new investor Bronze Investments.

BillFloat has raised a total investment of $36.9 million till date.

BillFloat’s More-Time-To-Pay (MTP) platform connects lenders with retailers and service providers to provide instant financing solutions for consumers and small businesses.

BillFloat is privately held and based in San Francisco, California. It launched in 2009. Investors in the company include First Round Capital, Venrock, PayPal, SoftTech VC, Baseline Ventures, and SV Angel.