Termijn B.V. · Amsterdam
Pay-later at B2B checkout for buyers in six EU countries
By Celeste Ambler CEO, Dominic Haskett CTO and Renata Culbertson CRO
A French business buyer can be approved for pay-later in 27 seconds, and a Swedish one cannot be approved at all. At a Nordic B2B marketplace on Odoo, the French lender checks for a French registration, so the marketplace funds other buyers’ terms itself, checking credit by hand.
A marketplace adds Termijn’s pay-later API to its checkout: three calls and a webhook.
For a buyer’s registration number and cart total it gets a limit on thirty, sixty or ninety days, or a decline with its reason, in three seconds, or ten when a scan must be read. We pay the seller the next working day, and the buyer pays us on the due date.
A classifier sets every limit Termijn offers at the cart, and in four of our six countries the accounts it needs arrive as scans, PDFs or web pages.
Register rules decide whether a buyer may borrow, not how much. A fine-tuned open-weight document model reads equity, turnover, short-term debts and the auditor’s opinion from those filings, and the classifier turns the figures and the partner’s order history into the odds of the invoice going ninety days overdue.
No Termijn model declines a buyer by itself, and none decides anything about a person.
Sole traders, companies under a year old, cases below the classifier’s threshold and accounts not read above 0.85 on every field go to an underwriter in Amsterdam, who decides by the next working day. Each correction, decision and repayment outcome becomes a labeled record that trains our reader and classifier, pooled across partners without identities.
Termijn’s compute load is set by partner launches, national filing seasons and checkout peaks.
Before launch, a partner’s buyer list, often tens of thousands of companies, is looked up and, in the four scan countries, read within two working days. When Dutch filings bunch up in December, every Dutch buyer is read again. In between, the reader sits idle.
Termijn keeps data about a partner’s buyers in the EU and away from any externally hosted model, and says so in writing because those buyers ask.
The API runs on cloud infrastructure in Frankfurt, the models on cloud GPU capacity we control there, where a big upload waits behind checkout traffic. In Q3 2027 the reader gets reserved GPU capacity in Frankfurt, sized for a filing-season week. Training runs on cloud GPU capacity in Frankfurt too.
Termijn was founded in July 2024, and its API is live in all six countries.
Two years went into six registers read live and a reader fine-tuned on filed accounts in four languages. Each country’s classifier learns from filed figures and underwriters’ decisions until Q1 2027, when it retrains on our own repayment outcomes.
About the authors
Celeste Ambler CEO
Ran payments at a Nordic B2B marketplace with buyers in nine countries. Two sprints before launch, she watched a pay-later button appear for the French ones and nobody else.
Dominic Haskett CTO
Built the register-lookup layer at a European company-verification vendor. He knows six national registers mean six formats, four of which hand you a scan when you asked for a number.
Renata Culbertson CRO
Ran credit risk at a Dutch factoring house for eleven years, judging buyers she never met from their filed accounts and a seller’s ledger, and carrying the loss when she got it wrong.
Termijn B.V.
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