Pictured front row, left to right: Marcus W. Mosen, Cihan Duezguen
Back row left to right: Dr. Amran Khalid, Taylan Ayik, and Dimitri Archatow
• Marcus W. Mosen, fintech expert and investor, on the advisory board of the Frankfurt-based fintech
• €2 million raised in 2024 pre-seed round from business angels
Frankfurt, May 6, 2025 – Frankfurt-based fintech GreenBanana is launching its new platform bnplx.io, taking Buy Now, Pay Later (BNPL) in retail to the next technological level. Through a single API and smart routing, bnplx.io connects merchants and BNPL providers in more than 25 countries. The platform is designed to support small and medium-sized businesses as well as international enterprise retailers – whether online, in-store, B2C, or B2B. It is available as a plug in for popular e-commerce systems like Shopware and WooCommerce and can be integrated seamlessly. At the same time, bnplx.io enables BNPL providers to scale their services more quickly and efficiently, making it a true win-win.
“We offer merchants access to an international BNPL network with a wide range of providers, whether they operate white-labeled or under their own brand. With bnplx.io, we’re closing a market gap and are confident that our platform will become the next BNPL standard in retail,” says Cihan Duezguen, Co-Founder and CEO of GreenBanana Group. “bnplx.io eliminates dependencies, optimizes payment processes, and enables higher approval rates. Our match connect-convert approach finally makes BNPL as flexible as the market demands.”
Today’s consumers expect more financial flexibility when shopping for electronics, fashion, furniture, and more. Invoice purchases and installment payments are increasingly in demand. As a result, BNPL has evolved from a nice-to-have to a key competitive advantage. Offering the right payment options can significantly boost a merchant’s conversion rate. However, finding the right BNPL partner – one that fits the business model and customer base – can be challenging. The technical integration of multiple providers also creates significant overhead, especially during international expansion.This is where bnplx.io comes in: With a single API, merchants gain access to multiple providers and can select the ideal BNPL partner easily, flexibly, and at scale.
Making life easier for merchants
GreenBanana Group’s innovative API streamlines BNPL payment processes by leveraging machine learning to route transactions in real-time to the best-suited BNPL providers across 25+ countries. Merchants can offer customers the providers that align with their business needs. If a provider declines a transaction, the system automatically offers the shopper an alternative – ensuring a seamless customer experience and higher approval rates for merchants.
The platform aggregates all BNPL providers via a single API and integrates smoothly with Shopware, WooCommerce, and other systems. With its BNPL carefree package, bnplx.io offers digital accounting (Accounting-as-a-Service) to reduce administrative workload, AI-based fraud prevention for secure transactions, as well as monitoring and real-time analytics that enable constant optimization.
Benefits for BNPL providers
bnplx.io also supports BNPL providers in scaling their business and reaching merchants through GreenBanana Group’s “Sales-as-a-Service” approach. Intelligent routing increases the likelihood that a provider’s solution is offered at checkout.
“Greater speed, transparency, and added value”
GreenBanana Group developed bnplx.io to make BNPL more efficient for both merchants and providers. The platform closes gaps in current offerings by combining international reach, intelligent risk management, and automated failover – all in one flexible, scalable solution. Marcus W. Mosen, member of GreenBanana’s advisory board and an internationally recognized expert in payments and fintech, sees significant potential: “The BNPL space is in need of new technological solutions – and bnplx.io delivers exactly that. It brings greater speed, transparency, and value to both merchants and providers. I’m convinced bnplx.io can pave the way for broader BNPL acceptance across all participants.”
GreenBanana was founded by four experienced entrepreneurs with deep expertise in fintech, retail, business development, IT, and strategic market development – with backgrounds at companies like Worldpay, FIS, Klarna, Paysafe, and Giropay. Cihan Duezguen, Co-Founder and CEO, is a long-time payment sector expert and the visionary behind GreenBanana. Dimitri Archatow, Co-Founder and CEO, contributes his expertise in sales and strategic market development, ensuring efficient platform scaling. Dr. Amran Khalid, COO, is responsible for customer relations and strategic partnerships and brings extensive fintech knowledge. Taylan Ayik, CTO, is the technological mastermind behind the platform and leads its development and scalability. He previously helped develop the Abacus software suite at Regnology for regulatory reporting, ensuring bnplx.io remains at the technological forefront.
In summer 2024, GreenBanana Group secured €2 million in pre-seed funding from payment industry investors impressed by the platform’s potential.
More information at: www.greenbanana.group
Green Banana Group GmbH
Hanauer Landstraße 182f
60314 Frankfurt am Main
+49 69 943409-260
Media contact:
Maike Diehl
Diehl Relations GmbH
+49 178 5594694
