See other companies on Welcome to the Jungle
Tranch
B2B pay now and pay later services
- 1-20 employees
- Fintech
- B2B
- Payments
- Lending
- London, UK
Jump to section
Company mission
To transform how businesses pay for large invoices, from SaaS and cloud to professional and marketing expenses.
Our take
London-based Tranch is a startup that offers Buy Now Pay Later (BNPL) services for software sellers. Finding that large expenses slow down business growth, Tranch works to make large payments bite-size.
The company is a new entry to the market but has already made impact, making B2B BNPL accessible to more complex, large volume lending demands, not just smaller eCommerce payments, as popularised by Klarna and Zilch. It claims to have solved the $20 billion-a-year problem of companies paying monthly fees for annual SaaS contracts that they could pay for in full if it weren’t for cash flow constraints, as the “Pay with Tranch” option eliminates this wastage.
Already backed by Y Combinator, recent funding, led by Flash Ventures, will be used to onboard more suppliers across multiple verticals whilst expanding its reach in the UK and US later this year.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 🏖️ 30 days leave per year (25 annual days off a year, your birthday off, Christmas to New Years off)
- 💻 Macbook Pro 14"
- 🏥 Private medical care (or equivalent in the US)
- 🏠 Flexible Working
- £$500 Learning & Development budget
- 🐕 Pet Friendly Office
- 🍪 Office Treats
Funding (2 rounds)
Jan 2023
$50m
SEED
May 2022
$2.3m
SEED
Total funding: $52.3m
This company has top investors
Leadership
Beau Allison
(CTO)Previously served as Head of Engineering for Trussle, Lead Software Developer for Rush Partners, Senior Developer for Beyond and Inlight Media, and Full Stack Developer for IBM.
Philip Kelvin
(CEO)Previously served as CFO for Trussle, Management Consultant for Bain & Company, and as a M&A Analyst for Rothschild.
Articles
