RollingFunds is a credit management platform that offers a Buy Now Pay Later (BNPL) solution for B2B transactions, enabling small businesses to access deferred and installment payment options. By automating credit risk assessment and onboarding processes, the platform enhances conversion rates and simplifies purchasing for businesses.
Funding
$7.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many small and medium-sized businesses (SMBs) face challenges in managing credit risk and offering flexible payment terms to their B2B customers, which can limit sales and conversion rates. Traditional onboarding processes for B2B transactions are often cumbersome and time-consuming.
Solution
RollingFunds provides a Buy Now, Pay Later (BNPL) platform designed specifically for B2B transactions, enabling businesses to offer deferred and installment payment options to their customers. The platform automates the onboarding process, including Know Your Business (KYB) and Know Your Customer (KYC) compliance, and provides real-time credit risk assessment. By streamlining the purchasing process and offering flexible payment terms, RollingFunds helps businesses increase conversion rates and drive sales growth. The platform's modular IT ecosystem allows for white-label or gray-label integration.
Target Audience
RollingFunds primarily targets B2B businesses looking to offer flexible payment options and streamline the purchasing process for their customers, specifically focusing on SMBs.
Features
- Automated onboarding and KYB/KYC verification for businesses and their legal representatives
- Real-time credit risk assessment and automated decision-making for credit approval
- Flexible payment options, including deferred payments (30, 60, 90, or 180 days) and installment plans (3 or 6 installments)
- Continuous monitoring of companies for changes in leadership or insolvency proceedings
- Compliance features, including risk mapping, KYC process automation, and beneficial owner verification
- Monitoring of banking details and contact information
- Access to sanction lists and politically exposed persons (PEP) databases
- Customizable risk and vigilance levels
- Dashboard for tracking purchases, payment schedules, and authorized users
- AI-driven analysis for optimal financing amounts