Berlin fintech enhances B2B marketplace payment experience
Tilta, a Berlin-based fintech, provides a white-label, embedded purchase finance infrastructure built for eCommerce marketplaces. Its solution features a range of payment options, including Buy Now, Pay Later (BNPL), which are available to customers during checkout.
Tilta’s revenue-share model enables marketplaces to earn on every financed transaction and thus to increase their margin. Powered by Mambu, Tilta can enhance the payment experience for B2B merchants and their end customers, while closing the working capital gap on eCommerce marketplaces.
Mambu’s cloud-native banking and financial services platform enables Tilta to bring solutions to market faster, drive down cost barriers, and allow ecosystems to expand through its API-driven approach.
Julian Förster, Head of Growth at Tilta, commented, “B2B marketplaces is a relatively young but steadily growing market segment. With its rise, we aim to provide merchants with a financing solution designed around their continuous needs.
"We share the same mindset as Mambu of being a technology-enabler, so our customers can focus on growing their business and worry less about securing working capital. We implemented Mambu from the start in a greenfield environment, and the initial set-up took only six to eight weeks. Many Tilta team members worked with Mambu in previous roles, so we knew the solution could improve our speed-to-market. Mambu’s agility and high level of support is crucial for our success, and we not only have a world-class platform in Mambu but a trusted partner.”
Unlike many BNPL providers that only use publicly-available credit data, Tilta incorporates customer relationship data in its credit decisioning processes to ensure one of the industry's highest financing limits.
In a second phase, Tilta is focused on geographic expansion, with aims to support merchants that sell to customers worldwide. eCommerce has no borders, and with a cloud banking platform that supports financial experiences in over 65 countries, Mambu will provide the infrastructure to support Tilta’s growth.