Flash provides a Buy Now, Pay Later (BNPL) solution tailored for B2B transactions, allowing wholesale buyers to pay invoices in flexible installments ranging from 1 to 24 months. This technology increases sales conversion rates by up to 30% while ensuring merchants receive payment upfront, mitigating financial risk.
Funding
Funding not disclosed
Founders
Product
Problem
Many B2B transactions are hindered by inflexible payment terms, limiting purchasing power for buyers and potentially reducing sales conversion rates for merchants. Traditional payment methods may not offer the extended payment timelines that some businesses require to manage their cash flow effectively.
Solution
Flash provides a Buy Now, Pay Later (BNPL) solution specifically designed for B2B e-commerce, enabling wholesale buyers to pay invoices in installments over a period of 1 to 24 months. This flexible payment option allows buyers to manage their cash flow while increasing sales conversion rates for merchants. Flash ensures that merchants receive upfront payment, mitigating financial risk associated with extended payment terms. The platform offers customizable BNPL options, allowing merchants to tailor installment plans to suit their specific business needs, including waiving commissions or setting custom interest rates.
Target Audience
Flash primarily targets B2B marketplaces, online wholesalers, and software companies seeking to enhance their checkout process and offer flexible payment options to their business customers.
Features
- Flexible installment plans ranging from 1 to 24 months, up to $500,000
- Upfront payment to merchants, eliminating financial risk
- Customizable BNPL options, including commission waivers and adjustable interest rates
- Automated buyer underwriting with instant credit decisions
- API and e-commerce plugins for seamless integration with existing tech stacks
- White-label payment method for a customized checkout experience
- Support for various payment methods, including ACH, wire transfer, credit card, and PayPal