Startups

Fintech company eOriginal raises $26.5 million

The 20-year-old fintech firm helps businesses complete transactions electronically. Expect hiring with the new infusion of funding.

Oriole Park at Camden Yards. (Photo by Flickr user Keith Allison, used under a Creative Commons license)

A Baltimore fintech company closed a $26.5 million transaction of its own this week.
The equity round for eOriginal was led by Philadelphia-based private equity firm LLR Partners. eOriginal was founded in 1996, and has offices in the Camden Yards warehouse.
With the new funding eOriginal is looking to expand its digital transaction management offerings, which help companies execute businesses transactions with electronic signatures and document verification. The tools are used for marketplace lending, as well as vehicle and equipment banking. It also wants to move into other verticals, such as mortgages.
Expect hiring, too.
“The world is migrating to fully digital processes and eOriginal has proven itself to many enterprises, small and large, as a trusted partner and platform,” CEO Stephen Bisbee said in a statement. “LLR Partners’ fintech experience will help scale our products to meet industry demands and support the fully digital ecosystems of the future.”

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Trump may kill the CHIPS and Science Act. Here’s what that means for your community.

After nearly a decade, the federal program for immigrant entrepreneurs is finally working

Despite big raises and contracts, a tech training giant lays off staffers and loses its CEO

Block the bots or feed them facts? How Technical.ly uses AI in journalism

Technically Media