Tranch rolls out flexible payments solution for Goodwin clients
By Edlyn Cardoza
Tranch, a B2B payments provider, announced that global law firm Goodwin now offers Tranch’s buy now pay later technology to enable clients to pay their legal invoices flexibly. Goodwin is the first major law firm to offer Tranch’s innovative platform, which allows clients to take control of their cash flow and accelerate growth.
Using Tranch, Goodwin clients can pay their balance over any term up to 12 months through a unique checkout experience embedded into their invoices. Clients connect bank accounts to get approved and start using the platform.
“The payment experience for invoices is a major blocker to growth for countless businesses across the world — checks are still used in a majority of payment settlements,” said Philip Kelvin, Co-Founder, and CEO of Tranch. “We are excited to partner with Goodwin and have been privileged to support many of their clients who have paid flexibly for the highest-quality legal services as they continue their growth trajectory.”
Tranch is a B2B buy now pay later (BNPL) platform enabling providers to be paid upfront and offer their customers flexible payment options for up to 12 months. By offering a ‘Pay with Tranch’ payment method, providers, such as law firms, can provide an alternative way for their end customers to pay for contracts worth up to $500,000. Tranch was founded in 2021 and is based out of New York and London with backing from Global Founders Capital, Y Combinator, Soma Capital, FoundersX, TracVC, and more.
IBSi Daily News Analysis
January 16, 2024
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