in3, BNPL Fintech Solutions provider based in Amsterdam (Netherlands) has raised $11.1M through Series A funding.
Finch Capital led the round.
The company plans to invest the funds in the continued development of its technology platform, as well as strategic hiring across the whole team to improve customer satisfaction.
Led by CEO Hans Langenhuizen, in3 provides more than 1,500 online and offline merchants with Buy Now Pay Later payment solutions. Working with payment partners, it offers consumers the ability to pay for purchases in three instalments at zero costs: no interest – or transaction costs and without credit registration. Through a new partnership with Worldline, in3 will also offer consumers free BNPL services, beginning in the Netherlands. Current customers include Kwik Fit, EP, La Souris, Matt sleeps, Dekbed-Discounter.
This year’s goals are also to enter the German market and roll-out an in-store solution.