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Venture Capital News: Resolve Raises $25M

2021-12-09
SAN FRANCISCO, CA, Resolve announced today that it has raised an additional $25 million in strategic equity funding
Resolve announced today that it has raised an additional $25 million in strategic equity funding to meet rising demand from business-to-business (B2B) companies seeking to simplify their net terms payments and embed B2B buy now, pay later (BNPL) solutions into their payment workflows. Launched as a spinout from Affirm in 2019, Resolve previously announced a combined $60 million asset and equity financing in early 2021.

These new funds will be used to further expand its platform and team to serve the growing list of B2B companies using Resolve to facilitate net terms payments overall and throughout their supply chains. The funding round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from existing investors Initialized Capital, KSD Capital, Haystack VC, Commerce Ventures and Clocktower Ventures.

Resolve is a complete net terms-as-a-service and embedded BNPL payment solution that extends buy now pay later capabilities for B2B transactions. Designed for growing B2B companies, Resolve eliminates the headaches and risk of managing traditional credit decisions, automating underwriting and 30-, 60-, or 90-day net terms to maximize revenue and speed up invoice payment. With Resolve, merchants can simplify their B2B payments and add BNPL payment options without the complexity or risk.
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