France based installment payments platform raised €49m in Series B funding from Cathay Innovation, Bpifrance, Seaya Ventures and Picus Capital.
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Alma raises €49m in Series B funding
What makes Alma attractive to merchants is that the startup is handling 100% of the risk involved with a payment over multiple installments. When a customer buys a bike over four installments, they’ll get charged over several months. But the merchant gets paid on day one.
