“Can a B2B BNPL / invoice-financing checkout layer become the default payment method for business-to-business e-commerce in the Nordics?”
Tillit launched circa 2020–2021 as a B2B Buy Now Pay Later / invoice financing company targeting the Nordic e-commerce market, positioning itself as a checkout solution for business buyers rather than consumers. Unlike consumer BNPL, Tillit focuses on instant credit decisions for SMB purchasers at the point of checkout. The company partnered with Aprila Bank for credit risk/balance sheet and TrueLayer for open banking connectivity, indicating a capital-light orchestration model. Evidence of a separate 'Tillit Forsikring' (Tillit Insurance) entity suggests the brand may span multiple financial products in the Norwegian market.
Tillit discloses Aprila Bank (in-house partner) as its banking provider, with Aprila Bank ASA as its sponsor bank, according to the Embedded Finance Index 2026.
Tillit does not disclose a bank charter of its own; its banking services are provided through Aprila Bank ASA.
Tillit connects to bank accounts through TrueLayer.
The Embedded Finance Index 2026 maps 4 layers in Tillit's stack: Banking / BaaS (Aprila Bank (in-house partner)); Lending (B2B BNPL / buy now pay later for business buyers, Invoice financing at checkout and Flexible payment terms for SMB e-commerce buyers); Open banking (TrueLayer); Sponsor bank (Aprila Bank ASA).
Tillit is founded in 2020 and headquartered in Oslo, Norway.
Tillit has raised €2.5M+ (seed) in total (latest round: Seed, 2021).
Get a read on where your own stack stands against Tillit 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.