B2B Invoice Payment Providers Compared 2026

Allianz Trade (formerly Euler Hermes, est. 1927) is the world's largest trade credit insurer, headquartered in Paris. With 5,800 employees across 50+ countries and consolidated revenue of €3.8B (2024), the company insures global B2B trade relationships worth €1,400B. Allianz Trade monitors the creditworthiness of 80M+ companies worldwide and holds a 34% global market share. With "Allianz Trade pay," the company offers an API-based solution for B2B e-commerce with real-time credit scoring and KYB processes.

Bilendo is a cloud-based AR automation and credit management platform from Munich (est. 2015). The SaaS solution automates the entire receivables management process — from daily dunning run control and intelligent dispute workflows to credit scoring with credit limit calculation. The platform is compatible with common ERP systems and supports numerous bank accounts in Germany and Austria via multi-bank access.

Billie is a Berlin-based B2B BNPL provider that became the first B2B payment service in the EU to integrate with Stripe in 2024. Through its strategic Klarna partnership, Billie is available in 11+ EU countries (DE, FR, NL, SE, NO, FI, AT, ES, DK, CH, UK). The company offers real-time credit scoring, credit limits up to EUR 100K per cart, and an approval rate exceeding 90%. Billie has raised over $100M in total funding at a $640M valuation.

CrefoPay by Lynck is the payment platform of Creditreform — Germany's largest credit agency with over 130,000 member companies. The solution combines real-time credit scoring based on the Creditreform database with dynamic payment method steering, fraud detection (AI-powered), and downstream receivables management including dunning and debt collection. Important: CrefoPay offers **no** default protection — the risk remains with the merchant.

Hokodo is a London-based B2B BNPL provider and the first of its kind to hold a full EU payments license (EMI, supervised by the Bank of Lithuania). The company offers invoice payment with 30-, 60-, and 90-day terms, with non-payment risk underwritten by SCOR SE (Lloyd's of London). Hokodo operates in 7+ European countries (UK, FR, DE, NL, BE, IT, ES) and has raised over $66M in total — most recently EUR 10M in April 2025 from Korelya Capital and BNP Paribas.

iwoca (est. 2012, London) is a B2B financing specialist in the UK and Germany with over 400 employees across London, Leeds, Berlin, and Frankfurt. The core product iwocaPay offers B2B invoice payment (Net 30) and installment plans (3 or 12 months) with credit lines up to £30,000. iwoca assumes full credit risk. Since 2012, over £3B in SME loans have been advanced, with total investment exceeding £1B.

Klarna (est. 2005, Stockholm) is the world's largest BNPL provider and went public on the NYSE in September 2025 at a valuation exceeding $15B. The B2B offering runs through a strategic partnership with Billie (since 2021): merchants activate Billie as a B2B payment method within their existing Klarna integration. Business customers receive credit lines up to €1M, 30-day payment terms, and real-time credit scoring. Billie assumes full credit and default risk. Available in 11+ European markets.

Kriya (formerly MarketFinance, est. 2011) is a UK-based B2B payment and financing specialist, acquired by Allica Bank in October 2025. The platform offers Embedded PayLater (30/60/90 days), invoice finance, and working capital loans. Since founding, over £20B in B2B payments have been processed and over £4B in credit advanced — with the goal of deploying £1B in working capital finance together with Allica Bank by 2028.

Mondu is a Berlin-based B2B BNPL provider with its own EMI license (supervised by the Dutch central bank DNB) and ISO 27001 certification. The company offers invoice payment (30–90 days), installments (3–12 months), Digital Trade Accounts, and MonduSell for offline sales. With a 91% approval rate and credit limits up to EUR 1M, Mondu serves 30+ countries and secured a EUR 100M debt facility from J.P. Morgan Payments in 2025.

Nuvei (est. 2003) is a global payment technology company headquartered in Montreal with a technology center in Israel. The company was taken private by Advent International for $6.3B in 2025 (previously NASDAQ/TSX-listed). Nuvei processes payments in 200+ markets with local acquiring in 50 countries, 150 currencies, and 720+ alternative payment methods. In 2023, Nuvei generated $1.2B in revenue.

Ratepay is a white-label BNPL provider founded in Berlin in 2009, operating as an independent brand within the Nexi Group — Europe's leading PayTech company — since 2021. The company offers invoice payment (30 days), installments, SEPA direct debit, and advance payment, covering roughly 60% of the most popular payment methods in the DACH region. Ratepay provides payment guarantees for accepted transactions and operates both B2C and B2B invoice payment for the SME sector.

Riverty (formerly AfterPay B2B / Arvato Financial Solutions) is the fintech division of Bertelsmann and one of Europe's largest payment service providers with over 5,000 employees across 13 countries. The company processes 80M+ transactions monthly and serves over 28M end customers. Riverty offers invoice payment, installments, SEPA direct debit, risk assessment, and ethical debt collection — for both B2C and B2B. Active markets include Germany, Austria, Netherlands, and Belgium.

Sprinque was an Amsterdam-based B2B BNPL platform specializing in cross-border B2B payments across Europe. The company offered invoice payment with 30-, 60-, and 90-day terms, split payments, and milestone-based payments with an approval rate exceeding 95%. Sprinque had raised approximately EUR 28M total (equity + debt) and was active in DE, ES, NL, and other EU markets. **The company ceased operations in May 2025** after market conditions and the investment climate tightened.

Tilta is a Berlin-based fintech (est. 2022) offering white-label embedded finance infrastructure for B2B marketplaces and e-commerce platforms. Through a single RESTful API, business customers receive individual credit lines with payment terms of 30, 60, or 90 days. The company has raised over €34M in total, including a €30M debt facility from Fasanara Capital supporting approx. €250M in annual transaction volume.

Two is a Norwegian B2B payments platform based in Oslo with proprietary AI credit engines (Delphi and Frida) that deliver credit decisions in under 2 seconds. The company offers invoice payment, installments (up to 24 months), trade accounts, and guest checkout — with 7x higher credit limits and 90% acceptance rate compared to traditional solutions. Two serves 200+ merchants across the Nordics, UK, and NL, and has raised over EUR 40M in total, backed by partnerships with Visa, ABN AMRO, Santander, and Allianz.