Two

Oslo, Norway Founded: 2020 • Age: 6 yrs
Buy now pay later financing is offered to e-commerce customers.
Annual revenue $3,949 Latest available
Total funding $48.0M 4 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Two

Two is a company based in Oslo (Norway) founded in 2020 by Andreas Mjelde, Edward Brandler, and Kiran Thomas. Two has raised $48.03 million across 4 funding rounds from investors including Shine Capital, Antler and Sequoia Capital. Two offers products and services including Online Net Terms, Direct Sales Tool, In-store Payment Solution, and Fraud Engine. Two operates in a competitive market with competitors including BigCommerce, Unicommerce, NowFloats, Vinculum Solutions and Shopalyst, among others.

  • Headquarter Oslo, Norway
  • Founders Andreas Mjelde, Edward Brandler, Kiran Thomas
  • Sectors
    Financial Services
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.95 K (USD)
    0
    as on Dec 31, 2021
  • Net Profit
    -$1.35 M (USD)
    0
    as on Dec 31, 2021
  • EBITDA
    -$1.16 M (USD)
    0
    as on Dec 31, 2021
  • Total Equity Funding
    $48.03 M (USD)

    in 4 rounds

  • Latest Funding Round
    $15.23 M (USD), Series A

    Jul 11, 2025

  • Investors
    Shine Capital

    & 10 more

  • Employee Count
    Not available
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Products & Services of Two

Two offers a comprehensive portfolio of products and services, including Online Net Terms, Direct Sales Tool, In-store Payment Solution, and Fraud Engine.

Product name locked
Category locked
Primary

Enables net terms for webstore B2B sales to boost revenue.

Product name locked
Category locked
Locked

Automates credit offers for faster direct sales transactions.

Product name locked
Category locked
Locked

Provides secure B2B purchasing with instant credit decisions.

Product name locked
Category locked
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Detects and prevents fraud in B2B transactions using AI.

People of Two

Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Salman Habib
Integration Engineer
People
Joachim Kruger
CTO & co-Founder
People
Andreas Mjelde
CEO & co-Founder
People
Ahmed Aly, MSc
Senior Data Scientist

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Funding Insights of Two

Two has successfully raised a total of $48.03M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15.23 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Two

Two has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Shine Capital, Antler and Sequoia Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage venture capital investments are made by Shine Capital.
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Early-stage investing and founder support services are offered globally by Antler.
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Sequoia Capital is engaged in venture capital investments.
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Investor details for Two

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Two

Investments
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Investment portfolio details for Two

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Two

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Detailed financials for Two

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  • Profit trends
  • Statement rows
  • Financial ratios

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Two Comparisons

Two Primary company
Description
Buy now pay later financing is offered to e-commerce custome...
Location
Oslo, Norway
Founded Year
2020
Annual Revenue
$3.95 K (USD)
Net Profit
-$1.35 M (USD)
EBITDA
-$1.16 M (USD)
Employees
Not available
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Peer comparison for Two

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
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Competitors of Two

Two operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BigCommerce, Unicommerce, NowFloats, Vinculum Solutions and Shopalyst, among others.

Company Name Domain Founded year HQ Location Description
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SaaS-based software suites for e-commerce operations are provided.
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Provider of SaaS platform for online website creation
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Cloud-based end-to-end eCommerce and retail solutions are provided.
Locked Locked Locked
Suite solutions for e-commerce businesses are provided.
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Detailed competitors of Two

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  • Domains and locations
  • Full company profiles
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Latest news on Two

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Complete news archive for Two

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Two

Two was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Two is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Andreas Mjelde is the current CEO of Two. They have also founded this company.

Two is a funded company, having raised a total of $48.03M across 4 funding rounds to date.

Annual revenue of Two is $3.95K as on Dec 31, 2021.

Two was established in 2020 in Oslo, Norway, as a provider of point-of-sale financing for e-commerce operations. Services include buy now pay later options, KYC verification, customer onboarding, and customized payment terms based on user profiles. Automated checkout rules are also implemented to support business integrations. The focus remains on enabling flexible payment solutions within the fintech sector.

Two's top competitors include NowFloats, BigCommerce and Unilog.

Two offers Online Net Terms, Direct Sales Tool, In-store Payment Solution, and Fraud Engine.

Two has 11 investors. Key investors include Shine Capital, Antler, Sequoia Capital, Day One Ventures, and Alumni Ventures.

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