As of November 2026, Latka tracks 10 installment payment and buy now pay later software companies. They have combined revenues of $279.8M and employ 1.4K people. They have raised $69M and serve 4.5M customers combined.
Every company below sells installment payment and buy now pay later software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Installment Payment and Buy Now Pay Later (BNPL) Software facilitates a flexible payment option that allows consumers to purchase goods or services immediately and pay for them in manageable installments over time. This model is particularly advantageous for consumers, enabling them to acquire high-ticket items without the burden of an upfront payment. These solutions are typically employed in various retail environments, e-commerce platforms, and service industries, enhancing affordability and improving customer satisfaction. Key features of BNPL software often include user-friendly interfaces for customers, seamless integration with point-of-sale systems, credit risk assessment tools, and the ability to monitor payment schedules. The target users of such software include retailers seeking to increase sales through flexible payment solutions, while financial institutions leverage these platforms to broaden access to credit among consumers. Typical buyer personas include finance professionals, retail executives, and operations managers looking to optimize payment methods and increase customer conversion rates.
Sorting: Highest -> Lowest
Showing 10 of 10 companies ranked by annual revenue.
Bogotá, Bogotá D.C., Colombia
ADDI is a technology company that provides buy now, pay later (BNPL) solutions in Latin America, offering installment payment plans for consumers to purchase products without requiring credit cards or extensive paperwork.
London, England, United Kingdom
Bumper is a British financial technology company based in Sheffield, England. It provides a digital payment platform to car dealerships that facilitates car financing for repairs, servicing, and parts.
New York, New York, United States
ChargeAfter is a New York and Israel-based financial technology company founded in 2017 by Meidad Sharon, who serves as CEO. The company operates a multi-lender point-of-sale financing network that connects merchants with a range of buy now pay later lenders, enabling merchants to offer branded financing to consumers across multiple credit segments and geographies. The platform functions as a marketplace and connectivity layer, allowing merchants such as Lenovo to white-label financing products powered by ChargeAfter while accessing multiple lenders simultaneously. As of 2022, the platform had close to 40 lenders and was targeting 80 by year-end, with millions of consumers having used the network and thousands of merchants integrated. ChargeAfter closed a $44 million Series B in early 2022, bringing its investor base to include Visa, Synchrony Bank, Citibank, BBVA, and Bradesco. The company employed 120 people as of May 2022 and described its GMV run rate as hundreds of millions of dollars, though it declined to confirm a specific figure on the record.
San Francisco, California, United States
PayZen is a healthcare fintech startup tackling healthcare affordability by using financial technology, AI, and machine learning. It delivers personalized, interest-free patient financing solutions that support healthcare affordability.
Los Angeles, California, United States
PayLaterr is a financial technology (fintech) company that offers a flexible payment platform designed to help consumers manage and pay essential bills through installment plans instead of paying the full amount upfront.
New York, New York, United States
Alternative is a B2B payments and sales enablement company founded by Baxter Lanius that offers flexible pay-over-time financing solutions for SaaS and services businesses. The company fronts capital to vendors on day one, collecting installment payments from end customers over a standard six-month term, charging a 5% fee on each transaction. Alternative operates through a $10 million warehouse credit facility structured in senior and junior tranches, with a blended cost of capital between 10% and 13% and a projected fund IRR in the mid-20s percent range. As of April 2022, Alternative had just launched its go-to-market strategy four weeks prior and counted just over 10 beta customers, all B2B SaaS and services companies. The company had raised just under $15 million in combined debt and equity, including a $5 million seed equity round closed in Q3 2021. Lanius, the sole founder and CEO, previously worked as a fintech technology investor at Apollo Global Management and Victory Park Capital. At full deployment of the $10 million facility, the company projects an annualized run rate of approximately $1.2 million to $1.3 million, driven by recycling capital as monthly installment payments return. Lanius set a target of originating $1 million in new loans in April 2022 alone, the first full month of public go-to-market activity.
Bengaluru, Karnataka, India
Rupifi is an embedded lending and buy-now-pay-later platform for small and medium-sized businesses in India, founded in July 2020 by Anubhav Jain and two co-founders. The company operates as a managed marketplace, originating short-tenure working-capital credit lines for micro-retailers and shopkeepers transacting on B2B digital marketplaces, without holding loans on its own balance sheet. As of September 2021, Rupifi had approximately 25,000 small businesses on its platform, with roughly 15,000 transacting monthly. The company deployed $7.5 million in loans in September 2021 alone, up from approximately $100,000 in June 2021, and generated approximately $60,000 in net monthly revenue after sharing 60 percent of gross fee income with its balance sheet partners. Rupifi raised a pre-seed round of just under $1 million in 2020 and a pre-Series A of $4 million in early 2021 at an implied pre-money valuation of roughly $16 million to $20 million, followed immediately by $1 million in venture debt. The team grew from 25 people to 60 in the three months preceding the interview, with 18 engineers on staff.
Chicago, Illinois, United States
Buy flights for only a fraction upfront and pay off the rest in…
Latka tracks 10 installment payment and buy now pay later software companies with reported revenue. Together they generate $279.8M in annual revenue and employ 1.4K people.
ADDI is the largest, with $200M in annual revenue, founded in 2018.
The average installment payment and buy now pay later software company in this list makes $28M a year, across 10 companies with reported revenue. They serve 4.5M customers combined.
Ranked by annual revenue, the leaders are ADDI, Bumper UK, ChargeAfter, PayZen and FormPiper.
The 10 installment payment and buy now pay later software companies tracked here have raised $69M in disclosed funding between them.
- Must provide options for customers to make payments in installments. - Must include features for credit approval and risk assessment. - Should integrate with e-commerce platforms or POS systems. - Must offer a user-friendly customer interface for payment management. - Should allow for deferred payments without interest for a defined period. - Not just limited to retail; must also cater to service-based businesses. - Must have tools for tracking payment schedules and reminders.
