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BNPL Services Provider Wisetack Raises $45 Million in Series B Funding Round

Source: Fanny

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Wisetack, a startup that provides buy-now-pay-later services to in-person business transactions, has raised $45 million in Series B funding round.

Until now, the company has raised a total of ​$64 million since its launch. The latest funding round was led by Insight Partners, with participation from Greylock Partners and Bain Capital Ventures.

The company will utilise the new funds to accelerate the strong growth it has seen to date, including supporting further expansion into verticals such as auto repair, elective medical, dental and veterinary, legal services, and more.

"In just a couple of years, Wisetack has become the go-to leader in embedded financing for home services, partnering with vertical SaaS leaders such as Housecall Pro and Jobber, who offer consumer financing to their customer bases of tens of thousands of home services professionals," said Bobby Tzekin, CEO of Wisetack. "With this new influx of capital, we can continue to build the teams and resources necessary to expand faster into other service-based categories."

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