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B2B Bnpl Provider Tranch Secures $100 Million

Jan 24, 2023almost 3 years ago

Amount Raised

$100 Million

LondonFinancial ServicesOtherHardware

Description

Tranch, a London-HQed provider of immediate invoice finance to pay SaaS subscriptions and other B2B expenses, has raised $100 million in seed funds and debt to expand activity in the US.

Company Information

Company

Tranch

Location

London, Ontario, Canada

About

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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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech