Kriya, a leading provider of B2B PayLater payment options, has now launched on Stripe, the financial infrastructure platform supporting businesses worldwide.
Starting this month, Stripe users can give their business customers the option of flexible payment terms through Kriya.
As B2B commerce continues to evolve digitally, business buyers are increasingly looking for the convenience and ease typical of consumer purchases. B2B PayLater methods, such as Kriya (also known as B2B Buy Now, Pay Later), are gaining traction by offering flexible payment options alongside modern eCommerce capabilities. Kriya’s integration brings this service to B2B merchants on Stripe in the UK for the first time.
Businesses using Stripe can leverage Kriya to increase both the frequency and value of their sales, while being paid upfront once goods have been delivered. By selecting Kriya at checkout, buyers can postpone payment for 30 days, aiding in cash flow management and motivating higher spending. Kriya makes this possible through instant onboarding, providing a spending limit in real time, and protecting sellers from credit and fraud risks.
Anil Stocker, CEO at Kriya, stated: “We are excited to announce this collaboration with Stripe, a leading global payments provider.
“We’ve taken the age-old need to provide trade credit and turned it into a digital, scalable B2B payment method. Merchants can now offer their customers seamless PayLater options, so they can optimise their working capital and buy more with confidence. It’s a win-win.
“Through our direct integration, Stripe merchants can simply add Kriya to their existing checkout experience without any development work. It’s that easy.
“With Stripe, we’re providing the tools merchants need to diversify their eCommerce offering and grow their revenues.”
This announcement follows another key development for Kriya, the Shoreditch-based fintech firm, which recently secured a £50 million funding facility and new partnerships with major companies like Halfords and CMT Group.
