A consortium of investors led a $240m Series C round in Alma.

A consortium of investors including Cathay Innovation, Eurazeo, Bpifrance, Seaya Ventures, Picus Capital, Tencent, GR Capital and Roosh Ventures, led a $240m Series C round in Alma, a financial platform offering installment payments. “We are creating the most trusted BNPL platform to swing the balance in favor of merchants and consumers. We want to be part of consumers’ daily lives and help them shop better, not just more. We strive to be an efficient and sane alternative to traditional consumer credit. It’s equally important for us to improve our merchants’ economics by bringing them new customers in a balanced relationship quite opposite to what we see from large Internet platforms," Louis Chatriot, Alma Co-Founder and CEO.