AfterPay - Arvato Financial Solutions
Financial ServicesNorth Holland, Netherlands51-200 Employees
AfterPay, developed by Arvato Financial Solutions, offers a payment-after-delivery option that lets merchants enable customers to pay after receiving goods. The service combines standard invoicing with installment-like options and a direct debit alternative, providing flexibility for consumers. It operates in nine European markets, including the Netherlands, Belgium, Germany, Austria, Switzerland, Sweden, Norway, Finland and Denmark. For shoppers, the framework gives control over when and how to pay, while merchants benefit from reduced credit and fraud risk as the platform settles the purchase value to the merchant regardless of when payment is made. The organization is a mid-sized operation based in Amsterdam, North Holland, and is part of Arvato Financial Solutions within the Bertelsmann Group. A notable development noted in the information is that AfterPay was acquired by Block, Inc. in 2022, reflecting its integration within the Block ecosystem.
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