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Tranch Raises £3.5M To Bring Bnpl To Saas
05/23/22, 9:52 AM
Location
londonMoney raised
£3.5 million
Industry
financial services
other
hardware
Round Type
seed
Tranch, a startup providing buy now pay later (BNPL) services for software sellers, has emerged from stealth and raised £3.5m in a pre-seed round led by Flash Ventures.
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Company Info
Location
london, ontario, canada
Additional Info
Tranch is a B2B Buy Now Pay Later payment method that helps SaaS sellers and professional services providers offer their end-customers the best way to pay large expenses without eating up cashflow, while ensuring they themselves get paid upfront, and faster.
Using #OpenBanking on top of advanced credit risk modelling, Tranch offers larger credit lines that are repaid over longer periods, bringing B2B BNPL to the widest possible business customer market.
Tranch is backed by leading investors including; Flash Ventures, Global Founders Capital, and Y Combinator.
We're based in London and New York.
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