Done.ai is launching Done BNPL, a buy now, pay later option on business invoices, inside the Finago accounting system. The supplier is paid in full at once, while the buyer can pay over up to 36 months. The credit is provided by Sweden's Nordiska.
Photo: Staffan Herbst is chief executive of Done.ai.
Done.ai Group AB is a Swedish-Norwegian company, listed on Nasdaq First North Growth Market in Stockholm, that develops software and embedded financial services for small and medium-sized businesses in the Nordics. It holds the exclusive right to distribute financial services to the customers of Finago, a Nordic ERP provider, and Done BNPL is the first commercial step under that agreement. According to Done.ai, Finago becomes the first ERP system in Norway to offer this payment method on business invoices.
"We started Done.ai to do exactly this: carry financial products straight into the workflows of businesses, right onto the invoice they already send. Today we start activating it with our first customers in Finago, and every invoice that moves through Done BNPL means real liquidity for SMBs, turning our distribution into revenue," says Staffan Herbst, chief executive of Done.ai, in the announcement.
A business receiving an invoice can choose Done BNPL directly from the invoice. The supplier is paid the full amount immediately, while the buyer pays it down over up to 36 months. Approval runs through BankID, the credit decision is made within minutes, and credit scoring along with anti-money laundering and politically exposed person checks are performed in the same flow.
The credit is provided and carried by Done.ai's partner Bankaktiebolaget Nordiska (publ). Done.ai takes no credit risk itself and needs neither funding nor room on its own balance sheet, but earns fees on loan volume.
"We see strong demand for simple, flexible financing. By combining Nordiska's banking technology with Done.ai's platform, we make financing a seamless part of customers' everyday workflows," says Johan Envall, partner manager at Nordiska.
According to Done.ai, payment times on Nordic business invoices still stretch to months, and roughly one invoice in three needs follow-up. The product is meant to address late payment where it starts, on the invoice itself.
Done.ai had previously signalled a launch in the summer of 2026. That period has been used to test the product with the first customers and to refine the credit flow, the BankID step and the integration with Nordiska and Finago.
The roll-out is phased. Done BNPL is first activated for Done.ai's Norwegian direct customers in Finago, who get the payment method available on the invoices they send. The product is then extended to all Finago customers, and later to inbound invoices as well, meaning invoices a business itself receives.
Finago is the first ERP system where Done BNPL is offered, but the product is built to integrate with other partner platforms and ERP systems. A stand-alone, ERP-independent version is under development, aimed at Done.ai's own customers and at small businesses on other systems.
Done.ai estimates the addressable volume of outgoing invoices across Finago's customer base at more than SEK 100 billion a year. Including inbound invoices roughly doubles the estimate to more than SEK 200 billion.
The company earns fees on financed volume, and revenue is expected to build gradually as customers take the service into use. The launch is meant to support the 2028 targets of revenue above SEK 1 billion and an underlying EBITDA margin of 20 per cent.
Klarna has made paying later a standard choice for consumers in online retail. Interest-bearing instalment financing accounted for 12 per cent of Klarna's total volume in the first quarter of 2026, according to the company's quarterly report. Done.ai argues that the invoice is the natural point of payment in the business market, and wants to carry the same model there.
Sources: Done.ai
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