← State of Embedded Finance 2026

Trevipay

“Can a fully managed B2B trade credit and A/R automation platform become the default embedded payments layer for enterprise sellers who want to offer net terms at scale without owning the receivables risk?”

HQOverland Park, Kansas, USA
IndustryFintech / B2B Payments
The story

Originally operating as Multi Service Technology Solutions, TreviPay evolved from a fleet/travel card payments processor into a full-stack B2B embedded payments and A/R automation platform operating under its own brand. The company expanded beyond traditional net-terms financing to offer a global buyer-seller network spanning 32 countries, adding BNPL-for-business, card processing, KYC/KYB compliance, and A/R automation as managed services. Its embedded finance angle is distinct: TreviPay sells a white-label, merchant-branded trade credit and invoicing layer to enterprise sellers (Best Buy, Walmart, Currys), assuming the credit risk itself and acting as both the financing engine and the payments orchestrator.

Last 12 months
2025-01
2025-05
2025-11
Product timeline
2020
Company operating as Multi Service Technology Solutions, Inc. doing business as TreviPay, positioning as global B2B transaction management and payment processing platform.· pivot
2021
Acquired by Corsair Capital, accelerating growth as an independent B2B payments platform.· acquisition
2022
Launched partnership with Worldpay (FIS) to deliver a B2B-specific BNPL solution for merchants with closed-loop, merchant-branded payment options.· banking
2023
Expanded TreviPay Network to 32 countries, supporting $3B+ in extended trade credit across 90,000+ businesses.· pivot
2024
Launched All-in-One Payments product combining net terms and card processing for B2B sellers across US, Canada, Mexico, UK, Europe and Australia.· banking
2025
Launched Small Business Supplier Network across the Americas and introduced Pay by Invoice for Issuers product for commercial card issuers.· lending
The stack
Payments / PSP
Worldpay (partnership for B2B BNPL/card acquiring)TreviPay Net Terms (self-operated)TreviPay All-in-One Payments (self-operated, card + net terms)
Lending
B2B trade credit lines (merchant-branded)Net terms / Pay by InvoiceB2B BNPL (buy now pay later for business)Working capital / receivables financing for sellers (guaranteed payment in 48 hours)Pay by Invoice for Issuers (commercial card + invoice hybrid)
Accounting
ERP/Accounting integrations (generic, per partner page)
Accounting gap: minor