Founded in 2009 in Berlin, Billpay GmbH established itself as a leading provider of online payment methods in the DACH region (Germany, Austria, Switzerland) and the Netherlands. The company's core service was to handle the processing and risk management for popular payment options such as purchase on invoice, direct debit, and installment plans, allowing online shoppers to buy goods and pay for them later. This model provided security and liquidity to merchants while offering flexibility to consumers. After being acquired by UK-based Wonga in 2013, Billpay was subsequently acquired by Swedish fintech giant Klarna in February 2017. Following the acquisition, Klarna integrated Billpay's merchant portfolio and technology, and the Billpay brand has since been phased out in favor of Klarna's own comprehensive payment solutions.

Founded in

Singapore