German banking group Deutsche Bank is developing its own white-label BNPL solution for invoice and instalment purchases in partnership with Austrian fintech firm Credi2.

Deutsche Bank’s new BNPL offering, which can be integrated into the payment process, is aimed at online merchants and e-commerce marketplaces in Germany.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Credi2 is serving as the technology partner in this initiative.

The firms hope the start the pilot testing of the new offering in 2022 itself.

The new solution will enable online retailers and e-commerce marketplaces to access a dedicated portal, which can be used to track both returns and partial payments of the transactions.

Additionally, the bank will pay the purchase price to the merchant when the order is shipped giving clients a liquidity advantage. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Deutsche Bank head of merchant solutions Kilian Thalhammer said: “Together with Credi2, we want to create a real alternative to existing BNPL offerings. Unlike most BNPL offerings, merchants retain full control over transactions with their new and existing customers through the white label approach.”

Credi2 co-CEO Christian Waldheim said: “With Deutsche Bank and Credi2, a major international bank and fintech are working together successfully. Through our white-label solution, banks, merchants and marketplaces can offer our modern and flexible payment solution under their own brand – this ensures customer loyalty and increases sales.”

“The trend is clearly pointing in the direction that invoice and instalment buying is here to stay,” Thalhammer noted.