Funding raised by B2B buy now pay later (BNPL) startup Billie 2016-2021
The Berlin-based fintech startup Billie, which offers a B2B buy now, pay later platform in partnership with Klarna, raised three times more money in 2021 than in 2019. The company raised this money in a Series C round of funding, and it is meant to further expand on services aimed at organizations that want to buy goods to run their business. This type of business-to-business BNPL is unlike that offered by companies as Klarna or Affirm, which are aimed at online shoppers. Due to the economic uncertainty for consumers in 2022, some venture capitalists shifted away from these B2C buy now, pay later brands as they predict the market for B2B transactions is significantly larger.
