Vartana, a provider of managed checkout and BNPL options for businesses, announces its launch with $57 million in seed funding.

The new capital includes $7 million in equity led by technology firm Audacious Ventures and $50 million in debt from i80 Group. Participation in the round also included Flex Capital and several prominent angel investors including Shoaib Makani, Joe Kraus, Bipul Sinha, Allen Shim, Adil Syed and others.

Vartana is a provider of managed checkout and BNPL options for businesses. The company was founded in 2020 by Kush Kella and Ahmed Sharif. Vartana provides a turn-key checkout and payments experience for B2B transactions that scales with its customers. The Vartana platform provides technology buyers a variety of payment options while providing technology vendors tools to close contracts and generate sustainable cash with prepaid deals.