RatePAY
Ratepay GmbH is a BaFin-regulated, white-label BNPL payment provider serving DACH and Benelux e-commerce merchants through API, hosted-page, and shop-plugin integrations. A Nexi Group subsidiary, the company processes invoice, direct-debit, and Pay-in-3 transactions while assuming full credit risk.
- Company typePrivate
- Founded2009
- HeadquartersBerlin, Germany
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What RatePAY does
Ratepay GmbH is a Berlin-based, BaFin-regulated payment institution founded in 2009 that provides white-label Buy Now, Pay Later (BNPL) payment solutions to e-commerce merchants across the DACH region (Germany, Austria, Switzerland) and the Netherlands. The company operates as a subsidiary of Nexi Group, one of Europe's largest payment infrastructure companies, and is positioned by third-party commentary as a leading white-label alternative to consumer-facing BNPL brands such as Klarna, with over 200 employees drawn from 40+ nationalities and 15+ years of operating history in DACH payments. Notable enterprise customers include Puma, Eurowings, Flyeralarm, Limango, Vitrasan, Juwelo, Edel-optics, Agrieuro, GBV Gartenhaus, Holzlandbecker, and Hygi.
Ratepay's product portfolio centers on three core payment methods — Open Invoice (Rechnungskauf) with 30-day payment terms, SEPA direct debit (Lastschrift), and Pay-in-3 interest-free installments — backed by a modular API-first platform (Payment API 2.0 and legacy 1.8), a Hosted Payment Page redirect option, and pre-built shop modules for Shopware, Magento, and OXID. The company assumes full credit risk on transactions, conducts real-time risk scoring with device fingerprinting and OTP verification, and operates merchant-facing tooling including the ORCA Cockpit dashboard, a Checkout Simulator, and a Buyer Portal for consumer self-service. Distribution occurs through direct enterprise sales, PSP channel partnerships (Adyen, Computop, PAYONE, Avarda, PayPal, UniCredit), and marketplace integrations (eBay, Hanseatic Bank), with refinancing for credit risk supplied by Avanti.
The business model is transaction-based, generating revenue through take rates on BNPL payments processed, with no publicly disclosed pricing beyond quote-based enterprise engagement. The value proposition emphasizes brand-controlled checkout (no third-party redirects or logos, no upsell/cross-sell/data-resale), regulatory compliance (ZAG, PSD2, GDPR/DSGVO, AML), and claimed merchant uplifts of up to 54% conversion and 16% basket value versus other payment methods. Capital structure has been reinforced by two large funding rounds (~95M from NIBC Bank in 2018 and ~141M from UniCredit in 2025), and the parent-subsidiary relationship with Nexi provides strategic and operational backing within the European payments stack.
RatePAY firmographics
Firmographics- Name
- RatePAY
- Legal name
- Ratepay GmbH
- Website
- https://ratepay.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Ratepay GmbH is a BaFin-regulated, white-label BNPL payment provider serving DACH and Benelux e-commerce merchants through API, hosted-page, and shop-plugin integrations. A Nexi Group subsidiary, the company processes invoice, direct-debit, and Pay-in-3 transactions while assuming full credit risk.
- Ownership category
- akta.pro rank
RatePAY industry classification
Industry- Product category
- Buy Now Pay Later (BNPL) Payment Processing
- NAICS
- Consumer Lending (522291), Sales Financing (522220), Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Merchant-Integrated BNPL (Checkout POS Financing) (FSAGAIAA)
- akta.pro secondary industries
- Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH), Merchant-Branded Installment Financing (Retailer Private-Label) (FSAKAFAA)
Keywords
Where RatePAY is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
RatePAY business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
Revenue model
- Transaction Fees / Take Rate: Ratepay generates revenue through transaction fees charged on BNPL payments processed through its platform. The company assumes full credit risk and handles end-to-end payment processing for merchants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based BNPL payment processing |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
RatePAY product offering
Product offeringCore offering
Ratepay is a BaFin-regulated white-label Buy Now, Pay Later (BNPL) payment provider for e-commerce merchants and online marketplaces. It offers three core payment methods — invoice purchase with 30-day terms (Rechnungskauf), SEPA direct debit (Lastschrift), and interest-free Pay in 3 installments — delivered through Payment APIs, a Hosted Payment Page, and pre-built shop modules, while assuming full credit risk and handling end-to-end transaction processing for the merchant.
Product overview
Ratepay is a white-label Buy Now, Pay Later (BNPL) payment solution provider operating across DACH and select European markets. The company offers a modular portfolio consisting of three core payment products: Open Invoice / Rechnungskauf & Lastschrift (invoice purchase and SEPA direct debit), Hosted Payment Page (a managed checkout option), and Pay in 3 (interest-free installment payments). These are supported by a suite of integration options including direct API integration (Payment API 2.0/1.8), pre-built shop modules for Shopware, Magento, and OXID, and PSP integrations via Adyen, PAYONE, Avarda, and Computop. Ratepay provides additional value-added services including the ORCA merchant dashboard, Checkout Simulator for testing, and Buyer Portal for customer payment management. The platform processes payments on behalf of merchants, assumes full credit risk, and is BaFin-regulated under ZAG. Since 2009, the company has been developing payment solutions for leading online retailers. Ratepay is part of the Nexi Group.
Differentiator
Problem solved
Functional benefit
Products and services
- Open Invoice / Rechnungskauf & Lastschrift Ratepay's primary BNPL offering providing invoice purchase (Rechnungskauf) allowing shoppers to pay within 30 days, and SEPA direct debit (Lastschrift) as alternative payment methods. Ratepay assumes full credit risk and handles end-to-end payment processing on behalf of e-commerce merchants.
- Hosted Payment Page A redirect-based or hosted checkout integration where Ratepay manages the payment experience and hosts Rechnungskauf and Lastschrift. Customizable to the merchant's brand look and feel, eliminating the need for deep technical integration.
- Pay in 3 / Zahle in 3 Raten Interest-free installment payment option allowing shoppers to pay in three equal rates. Enables merchants to increase basket value by up to 16% while providing a seamless, secure checkout experience.
- ORCA Merchant Cockpit Ratepay's web-based merchant dashboard where merchants can view and manage customer orders, download order details, access Ratepay billing information, and handle sub-account management for employees.
- Checkout Simulator Interactive tool allowing prospective merchants to test and preview Ratepay payment integration in their checkout, demonstrating brand control and conversion optimization capabilities.
- Buyer Portal Customer-facing portal allowing shoppers to manage payments, view invoice statuses, make QR code payments, and handle payment administration in a brand-consistent experience.
Quantifiable outcome
- 54% higher conversion rates compared to other payment methods
- +2 more outcomes
Companies that use RatePAY
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles2 records
RatePAY technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature7 records
RatePAY partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and flagship.
- AdyencoreAdyen enables online merchants connected to their payment processing platform to accept Ratepay payment methods alongside other payment options like Visa, MasterCard, and SEPA transfers.
- PayPalcorePayPal partnership enables merchants to access Ratepay BNPL solutions through PayPal's payment ecosystem.
- ComputopcoreComputop provides payment processing platform integration enabling merchants to accept Ratepay payment methods.
- UniCreditcoreUniCredit partnership enables banking-integrated payment solutions for merchants.
- PAYONEcorePAYONE payment processing platform includes Ratepay as an available payment method for merchants.
- Nexi GroupflagshipRatepay is a subsidiary of Nexi Group, Europe's leading payments technology company. This parent company relationship provides strategic direction, resources, and cross-selling opportunities.
- eBay S.à r.l.coreeBay operates as a payment institution in Luxembourg. On certain European eBay websites, customers can choose Ratepay payment methods to pay for purchases from online merchants through eBay services.
- Hanseatic Bank GmbH & Co KGcoreHanseatic Bank, a CRR credit institution, offers payment services in partnership with Ratepay for merchant payment processing.
Scale indicators3 records
Recent moves7 records
Expansion highlights6 records
RatePAY competitors and assessment
Company assessmentBroad incumbents
- Adyen: Adyen is a global payments platform that offers BNPL options through partners including Ratepay. Comparable as a checkout infrastructure provider to enterprise merchants, though Adyen competes indirectly via orchestration of BNPL methods rather than underwriting credit itself.
- Affirm: Affirm is a US-focused BNPL provider expanding internationally, offering pay-over-time products at checkout. Comparable on product modality (installment financing, full credit risk assumption), though primarily US-focused and a less direct competitor in DACH.
- Stripe: Stripe offers BNPL through partners in its payments platform and competes for the same enterprise e-commerce merchants as Ratepay via PSP-level integrations. Relevant as a broad incumbent shaping the payment infrastructure layer.
- PayPal (BNPL): PayPal offers Pay in 3 and Pay in 4 installments as part of its broader payments wallet. Listed as a top-3 BNPL competitor to Ratepay in Germany and a distribution partner, PayPal competes on scale and brand recognition rather than white-label depth.
- Worldline: Worldline is a major European payment processor with BNPL capabilities through partners. Comparable to Nexi (Ratepay's parent) as a large incumbent payment infrastructure player, competing for the same enterprise merchant relationships across Europe.
Direct peers
- Klarna: Klarna is the dominant global BNPL provider and Ratepay's primary competitor in Germany. Both offer invoice, direct debit, and installment products to e-commerce merchants with checkout-integrated UX, though Klarna leads on consumer brand and pan-European reach.
- Afterpay (Block): Afterpay, owned by Block, pioneered the Pay in 4 BNPL model globally and competes with Ratepay's Pay in 3 product for merchant checkout relationships. Relevant as a peer for product modality and merchant acquisition motion, though primarily US/AU focused.
- Riverty (Bertelsmann): Riverty is Bertelsmann's financial services arm offering BNPL, invoice, and direct debit across DACH and broader Europe. Directly comparable to Ratepay as a white-label BNPL provider targeting e-commerce merchants with similar product breadth.
Emerging players
- Billie: Billie is a Berlin-based BNPL provider focused on B2B transactions. While Ratepay is B2C-focused, Billie competes for merchant relationships and developer talent in the same DACH market and offers similar checkout-integrated payment solutions.
- Scalapay: Scalapay is a European BNPL provider offering Pay in 3 across Italy, France, Spain, Portugal, Belgium, Netherlands, and Finland. Comparable to Ratepay's Pay in 3 product with similar interest-free installment mechanics, though focused on Southern and Western Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
RatePAY social profiles
Digital presenceRatePAY compliance and trust
Trust signalCompliance5 records
RatePAY financial estimates
Financial estimateRevenue estimate
Valuation estimate
RatePAY leadership team
Management profileNumber of profiles
Profiles7 records
RatePAY funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RatePAY M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RatePAY
What does RatePAY do?
Ratepay is a BaFin-regulated white-label Buy Now, Pay Later (BNPL) payment provider for e-commerce merchants and online marketplaces. It offers three core payment methods — invoice purchase with 30-day terms (Rechnungskauf), SEPA direct debit (Lastschrift), and interest-free Pay in 3 installments — delivered through Payment APIs, a Hosted Payment Page, and pre-built shop modules, while assuming full credit risk and handling end-to-end transaction processing for the merchant.
Is RatePAY a public or private company?
RatePAY is a private company. It is classified as corporate owned and is currently operating.
When was RatePAY founded?
RatePAY was founded in 2009. It employs 101 to 250 people.
Where is RatePAY based?
RatePAY is headquartered in Berlin, Germany, in the Europe region.
How does RatePAY make money?
One revenue line is on record: transaction Fees / Take Rate.
Who are RatePAY's main competitors?
Broad incumbents on record are Adyen, Affirm, Stripe, PayPal (BNPL) and Worldline. Direct peers are Klarna, Afterpay (Block) and Riverty (Bertelsmann). Emerging players are Billie and Scalapay.
Does RatePAY have an API?
Yes. Ratepay offers multiple APIs for direct integration: Payment API 2.0 (latest generation with improved flexibility), Payment API 1.8 (previous generation, still supported for existing integrations), Hosted Payment Page API (redirect-based integration where Ratepay hosts the payment experience), Order Status API (enables merchants to provide Ratepay payment details to customers and service agents), Pay Later API (allows shops to integrate functionality for shoppers to move due dates of open invoices between 14 and 150 days), API for Regular Customer Information (enables merchants to leverage regular customer payment history with Ratepay's methods), Merchant Registration API (part of Reseller Solution for payment service providers and marketplaces to on-board merchants in Austria, Germany, the Netherlands, and Switzerland), Dispute API, Bank Account Management Service API, Webhooks API, Transaction Status API, and Device Fingerprinting. The documentation portal is available at docs.ratepay.com, with SDKs provided via GitHub (github.com/ratepay) and Postman Collections for integration testing. Developer documentation is at docs.ratepay.com.
What industry is RatePAY in?
RatePAY's product category is Buy Now Pay Later (BNPL) Payment Processing. Its primary akta.pro industry code is FSAGAIAA, Merchant-Integrated BNPL (Checkout POS Financing), with a secondary code of CRAFALAH, Recurring Billing, Subscriptions & Tokenized Payments. Its NAICS code is 522291 and its SIC code is 6141.