Credi2, the Vienna-based fintech specializing in white label solutions for pay later payments, has announced it has successfully raised $100,000 in new investment capital from investors. This funding round marks a significant step for the company as it continues to expand its innovative offerings in the financial technology sector, reinforcing its commitment to modernizing payment solutions for banks and issuers.
Founded in 2015 by Daniel Strieder, Michael Handler, and Jörg Skornschek, credi2 provides a BNPL-as-a-Service platform that enables banks and issuers to offer modern credit and debit-based financing products. The company's end-to-end approach allows prominent clients such as Volkswagen Bank, Raiffeisen Bank International, Deutsche Bank, Apple, Cyberport, and VISA to launch and operate innovative and responsible payment solutions in a short period. Credi2 has established itself as a rapidly growing scale-up, currently employing nearly 50 professionals from across Europe.
The newly secured capital will be strategically deployed to accelerate credi2's ongoing growth initiatives and further enhance its award-winning BNPL-as-a-Service platform. This investment is intended to support the expansion of its technological capabilities, strengthen its market position within the competitive fintech landscape, and potentially broaden its client portfolio. The funding underscores investor confidence in credi2's proven business model and its ability to deliver substantial value to its diverse client base through innovative payment solutions.
Looking ahead, credi2 aims to leverage this investment to continue its trajectory of innovation and expansion. The company is focused on broadening its market reach and developing advanced solutions that meet the evolving demands for flexible and responsible payment options, solidifying its role as a leading specialist in the white label pay later market. This strategic capital infusion positions credi2 for sustained development and continued leadership in the fintech space.
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