Payment Startup Resolve Raises $25 Million in Funding

Fazzaco learned that Resolve, one of the fastest-growing payment companies, has raised another $25 million in strategic equity funding.

Insight Partners led the latest round, which also included participation from existing backers Initialized Capital, KSD Capital, Haystack VC, Commerce Ventures and Clocktower Ventures.

The fund will meet rising demand from business-to-business (B2B) companies seeking to simplify their net terms payments and embed B2B buy now, pay later (BNPL) solutions into their payment workflows.

“The market for simplifying net terms payments and embedding BNPL payment options is exploding as companies work to mitigate the pain of payments caused by overextended and snarled supply chains,” said Chris Tsai, Resolve’s CEO. “With this infusion of funds, we can capitalize on our market leadership position and rapidly scale to serve the many new types of companies looking to offer net terms and BNPL to their business customers, while unlocking cash flow and growing with minimal risk and effort.”