“Can a vertical-specific embedded finance platform own the full payment and receivables stack for an entire industry (automotive) that horizontal providers underserve?”
NX Technologies is a Cologne-based vertical fintech focused exclusively on the automotive sector, operating under the bezahl.de brand. Launched in 2019 as an accounts-receivable tool for car dealerships, it added payment acceptance via Adyen and now covers the end-to-end money flow in a dealership — tracking incoming bank transfers for vehicle sales, enabling POS card payments for service, and offering embedded financing. The 2024 PayPal Ventures-led Series B is funding geographic expansion beyond Germany and additional product layers, positioning NX as a vertical-specific embedded finance provider in a category typically served by horizontal platforms.
NX Technologies processes payments through Adyen.
The Embedded Finance Index 2026 maps 2 layers in NX Technologies's stack: Payments / PSP (Adyen); Lending (Embedded financing options offered to dealership customers).
NX Technologies is headquartered in Cologne, Germany.
NX Technologies has raised $24M+ (Series B) in total (latest round: Series B, March 2024).
Get a read on where your own stack stands against NX Technologies 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.