• German startup B2B BNPL startup Topi has raised USD 15 million in equity and USD 30 million in debt in a round co-led by Index Ventures and Creandum with participation from TriplePoint Capital and a group of undisclosed angel investors. The company emerged from stealth in December 2021 with a USD 4.5 million pre-seed funding.  

• The company also revealed details about its product which will be launched in partnership with Gravis, a German electronics company. Topi will be offering a hardware-as-a-service model where merchants will be able to rent out industry-specific equipment such as PC monitors, coffee machines, and robotic arms. Further, Topi also supports upfront purchases with installment payments and plans to develop a white-label platform in the future.

<ul><li> Analyst QuickTake : The B2B BNPL space is heating up following the recent entry of expense management platform Ramp and a string of funding rounds for B2B players including BlueTape , Mondu , and Hokodo .</ul>