Despite radical changes in the world of B2C transactions, B2B payments are still restrictive, slow and plagued with bureaucracy. topi solves this problem by offering businesses innovative payment solutions, effectively bringing the "buy now, pay later" revolution from consumer spending to business purchases.
Topi focuses on hardware subscriptions, allowing companies to offer hardware as a service to their own business customers. Aside from providing the logistics and insurance needed in these transactions, it provides APIs that allow sellers to integrate Topi's hardware rentals to their existing sales channels. Also supporting upfront purchases and Klarna-like BNPL options, this added flexibility has proven attractive to businesses, and its initial rollout includes partners such as McSHARK, comspot and implement-it.
Topi has benefited considerably from its founders' experiences at companies such as Goldman Sachs, Apple and BCG. Having also raised an impressive amount of funding, the company will now need to focus on expanding its sales and marketing efforts and fuelling growth through its growing list of online retailer partner companies.
Kirsty
Company Specialist at Welcome to the Jungle