SAN FRANCISCO, CA, Resolve announced today that it has raised $60 million in funding.
Resolve announced today that it has raised $60 million in funding to fuel the growth of its embedded billing platform for growing business-to-business (B2B) companies to facilitate buying and selling on credit. Launched as a spinout from Affirm in 2019, Resolve has seen overwhelming demand for B2B buy now, pay later (BNPL) billing for business purchases.
Within BNPL, Resolve exclusively focuses on B2B billing. Resolve simplifies and automates the notoriously complex and risk-laden process of billing and purchasing on credit. Its digital 30-, 60-, or 90-day net terms and credit billing solution frees up B2B sellers and buyers to focus on growing their businesses. Investors in Resolve include Initialized Capital, KSD Capital, Haystack VC, Commerce Ventures, Clocktower Ventures, Affirm and other top investors.
Resolve is a complete digital net terms and credit billing 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 scale a modern payments and billing experience without the expense or risk.
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