Two has secured €13 million in a funding round led by Idékapital and Shine, with participation from new investor Investinor and continued support from Sequoia Capital, Antler, Alliance Ventures, Arkwright, and Local Globe. This latest investment raises total funding to over €40 million and will accelerate the expansion of instant, trusted net-terms infrastructure for global B2B commerce.
With the B2B payments sector projected to surpass $3.5 trillion by 2033, inefficiencies such as manual credit checks and slow cross-border collections continue to drain seller revenues by 2–5%. The new funding will support expansion efforts in the U.S. and key Western European countries, enabling connections between U.S. buyers and European suppliers, UK buyers and Nordic sellers — and vice versa — on a single unified platform.
Rather than offering yet another payment button, TwoNet embeds real-time risk assessments and guaranteed settlement into the transaction itself. Proprietary AI engines — Frida (fraud detection) and Delphi (credit analysis) — optimize approval decisions at checkout, maintaining low loss rates. Over 200 merchants already utilize this infrastructure to approve buyers traditionally excluded due to legacy systems.
“We are the ‘Two’ in B2B, and we’re on a mission to make selling on net terms as easy as accepting card payments. We’ve proven that merchants want flexible payment solutions built for how businesses actually buy, not just consumer tools rebranded for B2B. Our platform solves a specific problem - sellers reject 35% of legitimate buyers due to outdated credit assessment. This funding validates our network approach: every transaction teaches our AI who to trust, creating compound value for all participants. We will use the capital injection to scale with large and global enterprise businesses, and we’re excited to add strong institutional investors with a long-term investment horizon like Investinor and Idékapital to the team.” — Andreas Mjelde, CEO and Co-founder at Two
Traditional B2B payment systems demand that sellers act as de facto lenders — evaluating credit, financing transactions, and chasing down payments. This outdated model is costly and unsustainable. Two reverses this structure through AI-powered decision-making engines and APIs that automate the entire order-to-cash process.
The €13 million funding milestone signals the next stage in building a global trust infrastructure for B2B trade. Ongoing product development and geographical expansion remain top priorities, with a focus on enabling businesses to benefit from seamless net-terms experiences.
“The future of B2B payments is here, and we’re proud to be at the forefront of this change. Trust is the currency of B2B. We're building the central bank: the missing trust layer between every business transaction globally.” — Joachim Krüger, Co-founder and CPO at Two