3 years ago

Tranch Raises £3.5 Million to Bring BNPL to SaaS

  • Tranch, a UK-based startup providing buy now pay later (BNPL) services for software sellers, has raised £3.5 million in a pre-seed round led by Flash Ventures

  • The funding will be used for hiring, onboarding suppliers, and international expansion

  • Tranch is planning to launch in the US later this year

  • The startup is aiming its service at businesses, specifically software as a service (SaaS) sellers and professional service providers

  • Tranch is one of a growing number of BNPL firms catering for businesses, joining Swedish B2B BNPL firm Treyd.

      • ProblemFinancial Services

      "Businesses, especially SaaS companies, face inflexible payment options for essential software and services, leading to financial strain and hindering growth."

      Solution

      "Tranch offers a BNPL platform specifically for SaaS and professional services, allowing businesses to spread payments for contracts over time, improving cash flow and providing flexibility."

      Covered on