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Billie

Can Billie become the default B2B credit risk and invoice financing rail embedded inside every major European payment processor?

Founded2016
HQBerlin, Germany
FoundersMatthias Knecht, Christian Grobe, Aiga Senftleben
Total raised$149M
Latest roundSeries C, October 2021
Valuation$640M (2021)
IndustryFintech / Lending
The story

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.

Last 12 months
Product timeline
2016
Billie GmbH founded in Berlin as a B2B Buy Now Pay Later provider specializing in invoice financing for business buyers.· lending
2021
Raised $100M Series C at $640M valuation, surpassing 100,000 customers and planning European and international expansion.· lending
2021
Announced partnership with Adyen to bring B2B BNPL to European businesses via the Adyen platform.· payments
2023
Integrated with Klarna to offer Billie B2B BNPL as a co-branded checkout product ('Klarna powered by Billie'), distributing through Klarna's merchant network.· lending
2024
Listed as a supported payment method on Stripe, enabling merchants to offer Billie 'Pay in 30' B2B checkout via Stripe integration.· payments
The stack
Payments / PSP
AdyenStripe
Lending
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 absorptionKlarna powered by Billie (co-branded B2B BNPL)Billie via Klarna (Adyen-distributed)
Accounting gap: none