Zaver Raises $30M to Enable Buy Now, Pay Later Options for Luxury Purchases, Including Porsches

**Zaver Raises $10M Extension to Series A, Bringing Total Funding to $20M**

Swedish B2C buy-now-pay-later (BNPL) provider Zaver secures an additional $10 million in funding, expanding its Series A round to $20 million. With total investment reaching $30 million, Zaver is making waves in the European BNPL market, competing against giants like Klarna and PayPal, as well as traditional players like Santander and BNP Paribas.

What sets Zaver apart is its ability to assess the risk of BNPL transactions up to €200,000 in real time, a feat unmatched by its competitors, who typically cap transactions at €3,000. This capability is powered by Zaver’s advanced risk assessment algorithms, developed through a strong focus on backend engineering rather than marketing efforts.

Founded in 2016 by Amir Marandi and Linus Malmén during their time at KTH Royal Institute of Technology, Zaver has forged strategic alliances with industry giants like the Nissan Group, Volkswagen, and Porsche, enabling customers to even purchase cars through BNPL.

Marandi, Zaver’s CEO, sees a growing demand for size-agnostic payment solutions, particularly as the average online transaction value increases. This trend, pioneered by early innovators like Klarna and Trustly, has gained momentum with the rise of direct-to-consumer initiatives, exemplified by Elon Musk’s proposal to sell Tesla online.

Investors in Zaver’s Series A round include FROS Ventures, Hållbar AB, Hobohm Brothers Equity, JOvB Investments, MAHR Projects, Skagerak Ventures, as well as gaming industry veterans Sebastian Knutsson and Riccardo Zacconi, founders of King.com.