“Can Billie become the default B2B credit risk and invoice financing rail embedded inside every major European payment processor?”
Founded in 2016 as a pure B2B BNPL and invoice financing company, Billie built its own credit decisioning engine using machine learning for real-time business buyer risk assessment. Rather than staying a standalone checkout product, Billie pivoted toward becoming embedded infrastructure within third-party payment stacks — partnering with Adyen, then deeply integrating with Klarna (where Billie evaluates creditworthiness on Klarna's behalf and assumes credit risk) and Stripe. This positions Billie less as a direct-to-merchant B2B BNPL brand and more as a white-label B2B credit rail embedded inside major payment processors across Europe.
Billie processes payments through Adyen, Stripe, Mollie and Worldpay for Platforms.
Billie's lending and capital products are provided by Billie GmbH (in-house).
The Embedded Finance Index 2026 maps 2 layers in Billie's stack: Payments / PSP (Adyen, Stripe, Mollie and Worldpay for Platforms); Lending (Billie GmbH (in-house), B2B Buy Now Pay Later (Pay in 30), B2B invoice financing / open invoice (up to 120-day terms), Instant payout to merchants with credit risk absorption and 7 others).
Billie was founded by Matthias Knecht, Christian Grobe and Aiga Senftleben and is founded in 2016, headquartered in Berlin, Germany.
Billie has raised $149M in total (latest round: Series C, October 2021; valuation: $640M (2021)).
Get a read on where your own stack stands against Billie and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.