CredCore Raises  Million for AI-Powered Debt Capital Market Tool | PYMNTS.com

CredCore Raises $16 Million for AI-Powered Debt Capital Market Tool | PYMNTS.com

Debt management platform CredCore has raised $16 million for its AI-powered solution.

The New York-based company’s Series A funding round, announced Thursday (Feb. 20), will help it expand its artificial intelligence (AI) capabilities, add staff and enhance its platform to support a wider range of credit market participants and deal types.

“CredCore is addressing a critical need in the enterprise credit industry, which transacts $5 trillion annually but has seen limited…

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