Two is an Oslo-based B2B payments platform founded in 2021 that provides instant upfront payments to sellers, flexible net terms for buyers, and AI-driven fraud prevention. Its fully productised infrastructure includes proprietary risk engines Frida and Delphi, a business onboarding solution, and embedded deferred payment features tailored for B2B transactions. The platform has been adopted by more than 200 merchants across the Nordics and Europe and has secured partnerships with Visa, ABN AMRO, Qliro, Avarda, and Wikinggruppen. Two projects more than 150% year-over-year growth in revenue and payment volume for 2025. The company reports rapid adoption across both large enterprises and SMEs and aims to deliver a consumer-like checkout experience for business buyers. The new capital will be used to scale the product and support expansion into the US and select Western European markets. Two builds a digital checkout for B2B net terms, turning paper-driven invoice processes into an instant online purchase flow that underwrites credit, verifies identity, and handles fraud risk. The product offers a no-code solution for small businesses and an API for medium and large merchants to integrate into existing order flows. Two says buyers can complete purchases and be onboarded as customers in about 30 seconds. The company launched its product in Q2 2021 and reports growing 243% quarterly since. Two was founded in 2020 and operates as a remote company with about 70 employees distributed worldwide. Financially, the company has raised a total of €28 million to date.

Total raised

$34M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2025