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axytos GmbH provides a modular, API-based platform for credit and risk management focused on digital B2C and B2B e-commerce. The company's core offering is a "buy now, pay later" (BNPL) solution that integrates various payment methods and risk assessment tools to help online merchants manage financial risks and increase sales. Its platform includes services like credit checks, scoring, fraud prevention, limit management, and the handling of dunning processes and debt collection, all accessible through a single API. Founded in 2017, axytos is headquartered in Cologne, Germany. The company was established by its current CEO, Nicolas Kipp, along with co-founders Behrooz Taylor Fayyazi and Philipp Storck. Nicolas Kipp has a background in banking and payment industries, having held management positions at institutions like Ikano Bank and Santander Consumer Bank, which provided him with the foundational expertise for developing axytos's financial solutions. Behrooz Taylor Fayyazi brings experience from the IT and payment sectors, including a role as a project manager at arvato Financial Solutions. Philipp Storck has a history in e-commerce and IT project management. The founding team aimed to create a flexible and data-driven risk management system to address the specific needs of online retail. axytos operates on a B2B model, serving online retailers by taking on their payment default risks. This allows merchants to offer insecure payment methods like purchase on account, which can improve customer conversion rates. The company generates revenue through fees associated with the transactions it processes and secures. A significant milestone for the company was becoming a payment institution licensed and supervised by the German Federal Financial Supervisory Authority (BaFin) in early 2024, which underscores its compliance with regulatory standards.