Tranch, a B2B buy now, pay later company, has come out of stealth.
The firm offers a BNPL platform for businesses offering SaaS and professional services.
It’s been founded by the former CFO and former Head of Engineering of Trussle.
Open banking data enables B2B customers to pay for contracts in installments.
What does this mean?
In emerging from stealth, the company has revealed investment from major player like Flash Ventures and Global Founders Capital. The founders say the idea came from their own experience of inflexible contracts for SaaS.