PayBright

Canada’s leading installment payments platform, empowering shoppers with simply better buy now, pay later plans.

General Information
Company Name
PayBright
Founded Year
2009
Location (Offices)
Toronto, Canada +1
Founders / Decision Makers
Number of Employees
11
Industries
E-Commerce, Financial Services, Fintech
Funding Stage
Series Unknown
Social Media

PayBright - Company Profile

PayBright is a leading installment payments platform based in Canada, offering convenient buy now, pay later plans for shoppers. Acquired by Affirm, it has emerged as one of the prominent providers of installment payment solutions for e-commerce and in-store purchases in Canada. With a robust network of over 10,000 domestic and international retail partners, including industry giants like Apple, The Bay, Wayfair, Endy, and Browns, PayBright facilitates seamless and quick payment experiences. The installment plans offered range from 4 biweekly payments for smaller purchases to 60 months for larger purchases, with attractive interest rates as low as 0%.

Evolving since its inception in 2009, PayBright has empowered Canadian consumers with over $3 billion in spending power, positioning itself as a leader in the E-Commerce, Financial Services, and Fintech industries. The latest boost came with a significant $34.00M Venture Round investment in September 2019, with goeasy serving as the involved investors. Visit www.paybright.com for further insights into this innovative platform.

Taxonomy: Buy Now Pay Later, Installment Payment, Retail Finance, Financial Technology, Retail Partnerships, Consumer Finance, Retail Integration, Retail Industry, Online Shopping, Consumer Spending, Payment Plans, Retail Technology, Consumer Credit, Digital Payments

Funding Rounds & Investors of PayBright (2)

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Funding Stage Amount No. Investors Investors Date
Venture Round $34.00M 1 goeasy 04 Sep 2019
Venture Round $26.00M 2 01 Sep 2018

Latest News of PayBright

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No recent news or press coverage available for PayBright .

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