Billie, a buy now, pay later specialist for the B2B market, raises $100M on a $640M valuation

Billie, a buy now, pay later specialist for the B2B market, raises $100M on a $640M valuation

2 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/10/25/billie-a-buy-now-pay-later-specialist-for-the-b2b-market-raises-100m-on-a-640m-valuation/

Buy now, pay later services like Affirm, Klarna, Afterpay and many others have seen their businesses grow in huge leaps, as consumers buying goods increasingly turned to alternatives to credit to delay paying for them in full. Now a Berlin-based startup called Billie that has built a similar service — but specifically targeting B2B transactions — is seeing a lift of its own boat from that rising tide. 

The company has raised $100 million in a Series C round of funding, money that it will be using to continue building out the range of BNPL-type services that it provides to organizations buying goods to run their businesses, both in Europe and further afield.