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Buy Now, Pay Later payments for B2B
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Tillit's mission is making B2B purchases a breeze.
Many apps currently exist to make retail payments easy but there is a gap in the market for that feature in trade payments. Tillit is an online B2B credit plugin for merchants who want to offer Buy Now, Pay Later payments to their trade customers. Their tool offers customers the ability to purchase on invoice or pay in instalments. The speed of payment processing does not take away the secure verification process of payments via API.
The fee for merchants is of the same order as credit card charges, making it an attractive products for companies. In addition, Tillit manages invoice distribution, collection, reminders and credit risk so e-commerce merchants can focus on their core business.
Steph
Company Specialist at Welcome to the Jungle
Mar 2023
$19m
SERIES A
Aug 2022
$8.8m
EARLY VC
This company has top investors
Andreas Mjelde
(CEO)MBA from Harvard Business School and co-founder of Latin American product marketplace Linio.com
Edward Brandler
(CCO)MBA from Harvard Business School and background in commercial business development
Kiran Thomas
(Co-founder)MBA from INSEAD and background in eCommerce, retail, and mobility.