4 years ago

Butter Raises £15.8M to Expand its BNPL Travel Agency

  • Butter, a London-based fintech platform providing a Buy Now Pay Later (BNPL) solution for travel, closed a £15.8m funding round led by BCI Finance, the credit arm of Blenheim Chalcot, along with other angel investors

  • The company plans to use the funds to accelerate the rollout of its open-banking based BNPL shopping app

  • Butter allows customers to spread the cost of purchases from any online store without requiring merchant integration, with repayment options over 2, 3, or 4 months

  • The company has achieved full FCA regulation and has over 100,000 customers.

    • ProblemFinancial Services

      "making travel bookings with no immediate payment required"

      Solution

      "providing a Buy Now Pay Later (BNPL) travel agency app that allows customers to book travel and repay the cost in instalments"

      Covered on