OkCredit raises Series B funding

Gunderson Dettmer client and payment record tracking app for merchants OkCredit has raised a $67 million Series B financing. The round of funding was led by Lightspeed and Tiger Global.

In the announcement of the funding CEO of OkCredit Harsh Pokharna said the fresh capital will be used to hire more people and grow its merchant user base and products.

The Gunderson Dettmer deal team was led by Jonathan Pentzien and included David He and Vanessa Ho.