Kriya Secures $50 Million in Funding for Enterprise PayLater Solution

Kriya, the leading Enterprise PayLater solution, has announced a significant funding milestone, raising an impressive £50 million to bolster its innovative B2B payment platform. Since its founding in 2011, Kriya has empowered businesses to thrive by enabling seamless payment flexibility across their sales channels. With the ability to close larger sales more frequently and ensure upfront payments while allowing buyers to settle on flexible terms, Kriya has transformed the landscape of B2B transactions. To date, the company has processed an astounding £28 billion in payments from buyers in over 45 countries, a testament to its robust ecosystem and the trust placed in it by businesses globally. The latest round of funding will be strategically utilized to enhance Kriya’s technology infrastructure, expand its team, and further innovate its product offerings, ensuring continued excellence in service delivery. The backing of esteemed investors such as Barclays Bank, Northzone, and Mouro Capital (owned by Santander Bank) reinforces Kriya's position as an industry leader, committed to redefining how enterprises approach payments. As businesses navigate an ever-evolving financial landscape, Kriya remains dedicated to providing the solutions that not only facilitate but revolutionize B2B payment processes. With this additional capital, the company is well-equipped to accelerate growth, forge new partnerships, and expand its market presence, ultimately driving greater value for its clients and shaping the future of B2B commerce.