Billie

What Billie does

Billie GmbH is a Berlin-based B2B fintech founded in 2016 by the former team behind Zencap (later acquired by Funding Circle). The company operates a Buy Now Pay Later platform purpose-built for business transactions, offering invoice purchase (Kauf auf Rechnung) with payment terms up to 120 days, installment plans (Ratenkauf), recurring trade credit accounts (Trade Account), and a French-market SEPA Direct Debit product. Billie absorbs the full credit and default risk, paying merchants upfront while collecting from buyers over the agreed term.

The platform is built on proprietary machine-learning risk models that deliver real-time creditworthiness scoring, identity verification, and fraud detection at checkout, achieving 90%+ acceptance rates. Supporting infrastructure includes a REST-based API with v2 split-order capabilities, a merchant dashboard for order and customer management, and a buyer self-service portal. Distribution is overwhelmingly channel-led: Billie is natively integrated into Stripe (first B2B BNPL on Stripe Europe), Klarna, Mollie, and Adyen, enabling merchants to activate Billie with minimal engineering effort, plus direct API and Shopware/JTL plugins.

Billie earns revenue exclusively through merchant-paid transaction fees on each BNPL transaction. As of 2024, the platform serves 1M+ business buyers and 8,000+ active merchants, has processed more than 3 billion EUR in cumulative transaction volume, and operates across Germany, Austria, Sweden, the Netherlands, France, and the UK. The company is supervised by BaFin and secured $100M in Series C funding at a $640M valuation in October 2021, alongside a $200M refinancing facility from a consortium of German banks led by VVRB.

Name

Billie

Legal name

Billie GmbH

Website

https://billie.io

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Billie is a Berlin-based B2B fintech offering Buy Now Pay Later solutions, including invoice purchase with terms up to 120 days, installment plans, and trade credit accounts, distributed primarily through Stripe, Klarna, Mollie, and Adyen to merchants across Europe.

Ownership category

akta.pro rank

Product category

B2B BNPL Payment Processing

NAICS

Sales Financing (522220)

SIC

Personal Credit Institutions (6141), Finance Services (6199)

akta.pro primary industry

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

akta.pro secondary industries

Buy Now, Pay Later (BNPL) Platforms (BPAMAFAG), Merchant-Integrated BNPL (Checkout POS Financing) (FSAGAIAA), Merchant-Integrated BNPL (Online Checkout) (FSAKACAA), BNPL for High-Ticket / Longer-Term Installments (FSAKACAN)

Keywords

• B2B buy now pay later
• Invoice purchase platform
• Merchant credit solutions
• B2B payment processing
• Business financing checkout

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transaction Fees: Billie charges merchants transaction fees when customers use BNPL at checkout. The merchant receives immediate payment while Billie assumes credit risk and collects from the buyer over the agreed payment term.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

Billie is a B2B Buy Now Pay Later (BNPL) fintech that enables business customers to purchase goods and defer payment up to 120 days via invoice, while merchants receive immediate upfront payment. Billie assumes the credit and default risk, performs real-time ML-based credit and identity checks at checkout, and serves merchants across onlineshop, telesales, in-person, marketplace, and platform channels in Europe.

Product overview

Billie is a B2B Buy Now Pay Later (BNPL) fintech platform based in Berlin, Germany, offering a unified product portfolio centered on invoice purchase (Rechnungskauf) as its core offering. The platform comprises three main products: Billie Pay by Invoice (primary BNPL product with 30-120 day payment terms), Billie Ratenkauf (installment payments), and Billie Trade Account (ongoing credit facilities). Supporting infrastructure includes the Merchant Dashboard for order/customer/payment management, Buyer Portal for end customers, and a REST-based Billie API for direct integrations. Additional products include Billie Boost (planned expansion with extended features) and SEPA Direct Debit for French customers. The platform is offered across multiple sales channels (Onlineshop, Telesales, In-person) and integrated natively via leading PSPs (Stripe, Klarna, Mollie, Adyen) as well as direct API and plugins for Shopware and JTL.

Differentiator

Problem solved

Functional benefit

Brands

• Billie Boost: Extended B2B BNPL product offering including longer payment terms, installment payment options, B2B marketplace features, and electronic invoicing capabilities.

Products and services

• Billie Pay by Invoice (Rechnungskauf) Core B2B BNPL product enabling business customers to purchase goods and pay invoices within 30–120 days, while merchants receive upfront payment. Includes real-time credit checks, identity verification, and full fraud and default protection.
• Billie Ratenkauf (Installment) Installment payment option allowing business customers to pay for B2B purchases in planned installments, complementing the standard invoice purchase product.
• Billie Trade Account Trade account solution providing business customers with ongoing credit facilities and payment management for recurring B2B purchases.
• Billie Merchant Dashboard Self-service merchant portal for managing orders, customers, and payments, including order status tracking, customer limit management, payment reporting, dunning management, and team user roles. Supports API v2 split-order functionality.
• Billie Buyer Portal Self-service portal where business buyers view, download, and manage Billie invoices and payment information after purchase completion.
• Billie API REST-based API enabling direct integration for online shops, marketplaces, and platforms to implement Billie B2B BNPL. Supports order creation, shipping confirmation, order modifications, partial shipping, refunds, returns, and webhook notifications. API v2 adds split-order capability.
• Billie SEPA Direct Debit (France) Pay Later payment method via SEPA Direct Debit for French business customers, where the outstanding amount is automatically debited from the buyer's bank account after the agreed payment term.

Quantifiable outcome

• 64% higher conversion rates for merchants
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core.

• StripecoreTechnology or Integration · 23 July 2024First B2B BNPL solution generally available on Stripe in Europe. Available for selected merchants in Germany, France, Netherlands. Full rollout planned for all Stripe merchants later in 2024.
• BNP ParibascoreStrategic or Co-development Partner · 16 May 2024Pan-European banking partnership supporting Billie payments and cash management in Germany, Netherlands, Sweden, and UK. BNP Paribas provides payment processing and settlement infrastructure supporting Billie's expansion strategy.
• Alibaba.comcoreTechnology or Integration · 6 March 2024Billie BNPL integrated into Alibaba.com checkout. Live in Germany, Austria, Sweden with expansion to other markets. Enabled via Klarna integration. Enables SME buyers to purchase globally with flexible payment terms.
• AdyencoreTechnology or Integration · 20 February 2024Europe-wide partnership enabling Adyen merchants to offer B2B BNPL. Live in Germany, Austria, Sweden, Netherlands with expansion to France, UK, Switzerland. All Adyen merchants worldwide can access Billie for domestic and cross-border transactions.
• MolliecoreTechnology or Integration · 22 March 2022Pan-European partnership allowing Mollie merchants to offer Billie BNPL. Available first in Germany with expansion to other European core markets. Billie appears as digital invoice purchase in Mollie dashboard.
• KlarnacoreTechnology or Integration · 11 October 2021Worldwide partnership enabling Billie BNPL for Klarna's 250,000+ merchants. Billie BNPL integrated into Klarna checkout without additional technical integration for merchants. Roll-out started in Germany Q1 2022 with expansion to other European markets.

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Treyd: Nordic B2B BNPL provider offering invoice financing and trade credit to suppliers and buyers. Comparable in offering B2B-specific pay-by-invoice products and competing in overlapping European geographies (Sweden, DACH).
• Scalapay: Italy-headquartered BNPL platform serving both B2C and B2B merchants across Europe. Overlaps with Billie in merchant-integrated BNPL checkout and European expansion strategy, including France and the UK.
• Klarna: Global BNPL leader expanding from consumer into B2B; comparable in payment method structure and European merchant focus. Klarna is also a Billie investor and distribution partner, intensifying the competitive overlap.
• Hokodo: UK- and France-based B2B BNPL and trade credit platform offering invoice-based payment terms to business buyers. Directly competes with Billie in European B2B checkout financing, especially for SMBs and marketplaces.
• Alma: French BNPL provider offering pay-later and installment solutions to merchants, increasingly focused on B2B and high-ticket use cases. Comparable European footprint and merchant-integrated BNPL approach to Billie.
• Riverty: Bertelsmann-owned BNPL and payment services provider across Europe offering invoice, installment, and direct debit products. Direct competitor in B2B invoice purchase and BNPL categories, especially in DACH and Northern Europe.

Regional players

• Tamara: Saudi Arabia-headquartered BNPL provider expanding across the GCC and into Europe with pay-later and installment products. Comparable in BNPL product design and merchant integrations, but primarily serves a different regional market.
• Tabby: MENA-focused BNPL leader expanding internationally with both B2C and B2B offerings. Relevant comparable for product structure and merchant-integrated BNPL, though geographically distinct from Billie's European core.

Broad incumbents

• Adyen: Global payments platform and Billie distribution partner. Comparable as a B2B payment infrastructure provider for large merchants; Adyen could compete by expanding embedded financing offerings on its own rails.
• Stripe Capital: Stripe's working capital and financing product for businesses, embedded in the same checkout rails that distribute Billie. Represents both a partner (Billie's products run on Stripe) and a potential competitive incumbent for B2B financing at point of sale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BillieGmbh

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds5 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Billie