A win-win: UK FinTech firm Kriya becomes Stripe’s first pay later solution for B2B merchants in UK

B2B payments solution firm, Kriya, is now available on Stripe, a financial infrastructure platform for businesses.

Starting this month, Stripe users can offer flexible payment terms to their business buyers through Kriya.

The integration brings these capabilities to B2B merchants using Stripe in the UK for the first time.

By selecting Kriya at checkout, buyers can defer payment by 30 days. The solution makes this possible by onboarding buyers in real-time, providing them with an instant spending limit, and protecting the seller from credit and fraud risk.

Anil Stocker, CEO at Kriya, comments: “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 pay later 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 e-commerce offering and grow their revenues."

Earlier this year, UK-based Kriya announced a £50 million funding facility, and customer wins with enterprise retailers such as Halfords and CMT Group.

2024 RTIH INNOVATION AWARDS

Payments is a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.

The awards, sponsored by CADS, 3D Cloud, Retail Technology Show 2025, and Business France, celebrate global tech innovation in a fast moving omnichannel world.

It’s free to enter and you can do so across multiple categories.

Key 2024 dates

Friday, 25th October: Award entry deadline 

Tuesday, 29th October: 2024 shortlist revealed

30th October-6th November: Judging days

Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.