Finance Technology is a Norwegian-based startup founded in 2015. The company specializes in providing a consumer finance technology platform that enables retailers and mobile operators to offer innovative financing solutions to their customers through both in-store and online channels. This platform not only offers flexible financing but also includes other services to enhance the customer experience. Finance Technology's partnership with banks, buyback guarantors, and other key stakeholders allows the company to create programs that utilize the future trade-in value, thus providing consumers with more flexible and affordable options for their device purchases. Joining the Tech Data group at the beginning of 2021, Finance Technology has expanded its capabilities and market reach. While the details of their last investment are currently unavailable, the company is focused on leveraging its expertise in Financial Services, Fintech, and Information Technology to provide pioneering solutions in the retail financing space. In essence, Finance Technology strives to revolutionize the retail financing sector by offering a comprehensive technology platform that caters to the growing demands for flexibility and affordability in consumer financing. As the company continues to expand and innovate, it presents an intriguing opportunity for investors seeking to capitalize on the evolving landscape of financial technology.
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