ChargeAfter Completes $44M Series B Round
Summary
NEW YORK, NY, ChargeAfter has announced the completion of their $44 million Series B funding round. ChargeAfter, the market-leading Buy Now Pay Later (BNPL) consumer financing network that provides shoppers with responsible, approved financing offers from multiple lenders with a single application, and bespoke white-labeled BNPL platform services for global banks and financial institutions has announced the completion of their $44M Series B. The round was led by The Phoenix, with participation from global banking giants Citi Ventures (Citigroup), Banco Bradesco, MUFG (Mitsubishi UFJ Financial Group), and existing investors. ChargeAfters new funding follows a strategic investment and partnership with Visa, bringing the companys total amount raised to $60 million. ChargeAfter streamlines the distribution of credit into a single platform that retailers can implement rapidly both online and in-store.