Resolve, which specializes in “buy now, pay later” capabilities for B2B transactions, announced today that it has raised $25 million in equity funding.
The investment comes just months after the company secured a combined $60 million asset and equity financing (the majority of which was asset, or debt). Insight Partners led its latest round, which also included participation from existing backers Initialized Capital, KSD Capital, Haystack VC, Commerce Ventures and Clocktower Ventures.
Since launching as a spinout from Affirm in 2019, Resolve says it has seen “overwhelming” demand for its B2B buy now, pay later (BNPL) billing offering for business purchases.
Unlike Affirm — which is more focused on the consumer — Resolve is exclusively focused on business-to-business billing by automating the process of billing and purchasing on credit. What it’s doing is basically allowing businesses to defer payments …
