Riverty
Riverty is one of Europe’s largest BNPL providers, operating across seven European countries and regulated by BaFin as a payment institution. It is part of Bertelsmann, the German media and services conglomerate, giving it a financial backing and operational depth that distinguishes it from pure-play fintech BNPL providers. Riverty was rebranded from AfterPay in Europe in 2022, which creates a naming confusion worth clarifying: Riverty is entirely separate from Afterpay, the Australian BNPL provider owned by Block Inc., which trades as Clearpay in the UK.
Riverty’s product range covers several distinct payment instruments under one integration. Pay-by-invoice with 14 or 30-day deferred payment terms is its core product, particularly strong in markets where invoice payment is a cultural norm, notably Germany, the Netherlands, Austria, Sweden, and Norway. It also offers instalment payments over multiple periods, a direct debit collection product, and a three-month interest-free instalments option. The breadth of payment instruments under one integration is a meaningful operational advantage for merchants who want a single BNPL partner rather than multiple point solutions.
The merchant proposition centres on full financial risk coverage: Riverty absorbs the credit risk, fraud risk, and chargeback exposure on all transactions. The merchant receives payment regardless of whether the consumer pays Riverty on time. Riverty handles all customer-facing payment communications and dunning, which the company positions as a differentiator, with customer service structured to avoid damaging the merchant-consumer relationship.
A specific commercial positioning worth noting is Riverty’s claim of industry-low dispute and chargeback rates, attributed to its real-time risk scoring, machine learning fraud models, and identity verification infrastructure including BankID, MitID, iDIN, and Open Banking-based verification methods.
On pricing, Riverty does not publish merchant rates. Fees are agreed commercially and vary by market, product, volume, and contract structure. The rate is available through the PSP or directly from Riverty’s sales team. As with all BNPL providers, the rate reflects the credit risk absorbed and the conversion uplift generated, and is worth benchmarking against Klarna and other BNPL alternatives covering the same markets.
PSP access is available through Adyen, Mollie, Shopify, Nuvei, Nexi, and others. Merchants already using one of these PSPs can typically activate Riverty without additional integration effort.
Relevant markets: Germany, Netherlands, Austria, Sweden, Norway, Finland, Belgium
