VIVA Finance secures $150M credit facility with Viola Credit

VIVA Finance, an Atlanta fintech, has closed a $150M credit facility with Viola Credit to expand its core lending operations. The agreement is debt financing for a lending platform, not an equity round or a disclosed valuation, and the announcement does not specify how much of the facility has been drawn.

VIVA focuses on personal credit underwritten primarily around employment, with repayments connected to direct deposit. Its website lists unsecured personal installment loans up to $15K, APRs from 11.99% to 35.99%, and repayment periods up to 36 months, subject to underwriting and terms. VIVA also discloses that it is not a bank and that loans may be originated by Thread Bank, DR Bank or VIVA Finance itself.

The stated purpose is to expand lending operations and reach more consumers underserved by conventional credit. Viola Credit, an asset manager, describes strategies supporting technology-driven companies and funding origination activity at fintech lenders. Michael Chen, Viola Credit's Managing Director and Head of US Investments, cited VIVA's payroll integration and lending performance in the announcement. The public release does not provide the underlying performance data or detailed facility economics, including pricing, maturity or draw terms.

The facility sits alongside VIVA's distribution work. In September 2025, VIVA announced a Paychex distribution partnership that placed its offer in Paychex Flex Perks, a benefits marketplace. The same announcement described a digital wallet funded through direct deposit and used to budget monthly installment payments. That connects where a worker encounters the product with the income routine used to repay it, though a payroll provider's reach is potential distribution rather than a count of VIVA borrowers or completed loans.

VIVA has used a combination of financing sources before. Its July 2025 capital announcement described more than $220M in new capital, predominantly a debt facility from Community Investment Management alongside equity from new and existing investors. Those figures represent different financing arrangements, and adding them to the latest facility would misstate lifetime equity or cash available today.

The new facility adds institutional capital behind VIVA's lending model while its Paychex relationship provides a route into an existing payroll and benefits environment. The release leaves outsiders unable to calculate precisely how the capacity will translate into loan volume or company economics; the operating sequence still runs one qualifying borrower at a time, from application and credit decision to repayment through direct deposit.