Toronto’s FundThrough, a fintech specializing in invoice factoring for small and medium-sized businesses (SMBs), has acquired Ampla, a fast-growing provider of financial technology tools for consumer brands.
The strategic acquisition strengthens FundThrough’s digital ecosystem and further positions the company as a dominant force in the B2B financing space.
Ampla, known for its working capital solutions, business banking tools, corporate cards, and analytics for modern brands, has surpassed $2 billion in loan originations and facilitated over $5 trillion in transaction volume. By joining forces, the two fintech innovators aim to deliver a seamless platform for SMBs that sell to larger companies but face extended payment terms after invoicing.
“Business owners are increasingly acting like banks for their large customers,” said Steven Uster, CEO of FundThrough. “With Ampla’s technology, we can supercharge our AI-driven model, scale faster, and enhance our credit underwriting. This means more businesses can address their top challenge—cash flow.”
This move follows FundThrough’s 2021 acquisition of Bluevine’s factoring business, continuing a pattern of strategic growth. The company now serves B2B sectors such as retail, manufacturing, oil and gas, professional services, and food and agriculture. Currently, 85 percent of FundThrough’s funding is directed toward American clients.
Anthony Santomo, Ampla’s CEO, will remain a strategic advisor, and his core team will transition to FundThrough. “This is a powerful combination,” said Santomo. “Together, we’re creating a comprehensive commerce and financial platform to better support operators of growing brands.”
To fuel the acquisition and future growth, FundThrough also announced a $25 million Series B raise led by Klister Credit Corp., an early backer of both Shopify and FundThrough. The funding will accelerate product innovation, enhance user experience, invest in AI, and support future acquisitions.
“FundThrough has remained laser-focused on serving small businesses through economic uncertainty,” said Klister President John Phillips. “Our increased investment reflects our confidence in their leadership and commitment to innovation.”
With this latest milestone, FundThrough continues to earn accolades including listings on the Deloitte Fast 500 and The Globe and Mail’s Top Growing Companies.
“As global tariffs and uncertainty persist, preserving cash flow is vital,” added Uster. “We provide peace of mind to the businesses powering our economy.”
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