Treyd is Swedish B2B BNPL solution that allows businesses to spread purchase payments over 120 days. The company’s sign-up process includes a KYC check and a financial statement audit. Businesses can split payments by uploading invoices to the Treyd platform. Treyd targets businesses that buy and sell finished products with more than USD 200,000 in sales and have been in operation for at least one year. Treyd generates revenue by charging a monthly fee which varies depending on the payment terms (1-4 months) and the purchase limit depends on factors such as strength of business financials and history with Treyd.
Funding and financials
In September 2023, Treyd raised USD 12 million in Series A extension funding led by Nineyards Equity. The capital proceeds were directed towards supporting business expansion within existing markets and investing in its core product offerings.
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