26 October 2021
Written By FinTech Alliance in Consumer Lending
German buy now, pay later firm Billie has raised $100mn.
In Brief:
The platform offers businesses credit options for their point of sale.
Its funding round included Klarna, Tencent and Dawn Capital.
Billie has also secured refinancing lines of $200mn per month from German banks.
What does this mean?
Following the funding, Billie now has a valuation of $640mn. It now says that it will concentrate on international expansion as well as adding different features to its platform such as e-invoicing.
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