Billie

Initially launched as a B2B working capital specialist for SMEs, Billie offers BNPL and invoice factoring solutions as part of its digital payments offering for business transactions. Its BNPL solution (Billie Boost), launched in May 2019, offers buyers payment terms between 14 and 120 days and charges a commission-based transaction fee. Its factoring solutions also charge on a similar basis, ranging from 1% to 3% of the transaction value, while additional fees are applicable for premium features. It can be integrated into e-commerce platforms including Magento, Shopware, and WooCommerce. Invoice factoring remains a large part of its business, with the company having plans to funnel the funds into its BNPL operations.

Key customers and partnerships

As of May 2021, Billie had financed EUR 750 million (approximately USD 872 million) in trade and reported over 100,000 customers as of February 2021.

In February 2024, Billie partnered with Adyen , a payment infrastructure provider, to enable flexible payment methods for businesses across Europe via Adyen's platform. In July 2023, Billie integrated its BNPL solutions with Shopware , an ecommerce platform infrastructure provider, to expand its customer base and transaction volumes by onboarding Shopware’s 45,000+ merchants across Europe to facilitate offering flexible payment options to its customers. In March 2023, the company partnered with Mollie to integrate Billie's B2B BNPL solutions into Mollie’s payments API. The integration allowed for business customers to have 30 days for payment of goods purchased. Previously, Billie initiated a strategic partnership with Klarna, through which the two platforms are integrated to enable online merchants on Klarna’s network to offer Billie’s solution for B2B transactions, and vice versa.

Funding and financials

Billie raised USD 100 million in a Series C funding round led by Dawn Capital with the participation of Tencent and Klarna, in October 2021. Existing investors Creandum, Speedinvest, Picus, and GFC also participated. The Series C round values the company at USD 640 million, reflecting a fourfold increase since its last funding round (USD 35 million Series B, June 2019).