Lorenzo brings investment and operating experience from his roles at Italian Founders Fund, Global Founders Capital, and Flash Ventures, alongside earlier co-founding experience at ZipJet.
Yash brings investment and venture experience from roles at Flash Ventures, Lucid Capital, and Entrepreneur First. He previously worked in M&A investment banking at J.P. Morgan.
The funding round was led by Flash Ventures and Global Founders Capital, with participation from Y Combinator and Columbia Lake Partners.
"B2B BNPL players so far have been largely focused on B2B e-commerce where ticket sizes are small and lenders rely on standard credit data to make limited credit decisions. We’re excited to see Tranch making B2B BNPL accessible to more complex lending demands involving larger volumes and longer durations, all of which creates a hugely scalable international market opportunity through their full lending tech stack."
The London startup has raised 4m euro from backers including byFounders and Flash Ventures to grow its team and enter new markets.
"We have known and supported Fuzey from the very beginning and are very happy to continue supporting them. We are big believers in the team’s vision to empower small businesses with the digital tools they need. We have been impressed by the rapid traction and positive impact on their users’ businesses."
The pre-seed round was led by Speedinvest with backing from high profile angel investors.
"When a world class team of repeat founders builds a well differentiated product in a huge, under-digitized market, it’s a no brainer to partner with them. We’re beyond excited to be on board and look forward to supporting them in building a category leader."
