Scalapay is a financial technology startup that provides an innovative Buy-Now-Pay-Later service, allowing customers to defer payments through interest-free installments. With over 8,000 partner brands both online and in-store, the company has seen significant success in driving up the Average Order Value (AOV) by +48%, increasing conversions by +11%, and achieving a +65% increase in repeat purchases over a 3-month period.
The service is cost-free for customers, and it is financed by a commission applied to retailers, who receive immediate payment for their products. Founded in 2019 and headquartered in Ireland, Scalapay recently secured a $27.00M Series B investment on 03 May 2022 from Poste Italiane. With its compelling value proposition and impressive growth metrics, Scalapay presents an attractive investment opportunity in the finance, financial services, and payments space.
To learn more, interested parties can contact Scalapay at [email protected] or [email protected].