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Two
B2B online payment method
- 21-100 employees
- Fintech
- B2B
- Payments
- Supply Chain
- Financial Services
- SaaS
- API
- eCommerce
- Aker Brygge, Oslo, Oslo
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Company mission
To fix b-commerce by making it as simple as possible for businesses to purchase online, just as simple as it is for an end-consumer.
Our take
Historically, B2B payments aren’t as effortless as B2C payments, with online B2B transactions being a long, manual process. With B2B payments representing an enormous share of the global economy, bCommerce innovation is being led by Two as it enables Buy-Now-Pay-Later (BNPL) payment methods for online B2B sales.
Competing with other BNPL solution start-ups including Billie, Mondu, and Tranch, the company aims to differentiate itself within the $700 billion short-term business loan industry by making bCommerce purchases as frictionless for business buyers as eCommerce is for retail.
The company has recently partnered with Allianz Trade and is backed by an impressive list of global VCs, including Sequoia, LocalGlobe and Arkwright X. The company is focused on furthering its tech accessibility, innovation of its B2B specialised tools, and expanding its partnerships. Two is well-positioned to see scalable growth should it continue its current trajectory.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 25 Days Paid Time Off per Year + Public Holidays 🌴
- NOK 5000 (£500) Annual Mental and Physical Health Allowance 🤸
- 50% Home Office Subsidy up to NOK 10000 (£1000) for those who are fully remote 🖥️
- NOK 5000 (£500) Cell Phone Support Every 18 months (from your 6th month anniversary) 📱
- Flexi-Office Working: Spend a few days per week with your team in our Oslo or London office. The rest is up to you! 🏠
- Equity Options: Have a real stake in the company’s success 📈
Company values
- Take charge: We are problem-solvers, we enable other to be accountable, and we allow others to take ownership. We prioritise relentlessly. We do this as individuals and as a team
- Go beyond: We are passionate, dedicated, motivated, driven, humble, quick to take on new opportunities and willing to be challenged. We take pride in our mission, knowing it goes beyond ourselves
- The best idea wins: To win the global race, we need the best ideas. To get the best ideas, we need a diverse team and we need to humbly listen to others. It’s not who says it, it’s what’s been said, We don’t defer to leadership. If it’s got merit, we do it
Funding (last 2 of 3 rounds)
Mar 2023
$19m
SERIES A
Aug 2022
$8.8m
EARLY VC
Total funding: $30.4m
This company has top investors
Leadership
Andreas Mjelde
(Co-Founder)Former CEO of Linio Group and Manager at McKinsey & Company.
Joachim Krüger
(CTO & Co-Founder)Co-Founder of weBloom AS, and previous Independent Consultant at Monozuki AS. Former CTO at Shotrun AS, Transpot AS, and mCash. Previous Head of IT at Verdi NTNU and Founder of Redpai.