Two

Based in Norway, Two provides BNPL services at the point of sale for business purchases and offers contract negotiation and expense management tools. Two has a backend fraud and credit engine like most other players and claims that it can increase sales conversion rates by 20%, coupled with a 90% acceptance rate for flexible payments.

Two pricing models are split into three tiers, Starter, Advanced, and Enterprise. Two flexible financing terms range from 15 to 45 days, while merchant settlement will occur daily or weekly, depending on the pricing tier. In addition, businesses have the option to assume the credit risk (Starter plan) or transfer it to Two(Advanced plan).  

Key customers and partnerships

In January 2023, Two partnered with Santander Bank to launch a new BNPL solution, with Two powering the new platform and Santander Bank providing the capital to fund loans. The product targeted the B2B eCommerce market and enabled large multinational corporations to offer commercial customers a deferred payment option at checkout.

Funding and financials

In March 2023 , Two raised EUR 18 million (~USD 19.4) in a Series A funding round led by Shine Capital and Antler.