ChargeAfter, the embedded lending platform for point-of-sale financing announced that Citi Retail Services, one of North America’s largest and most experienced retail payments and credit solution providers, selected ChargeAfter as a technology provider for its Citi Pay® products, including Citi Pay® Credit and Citi Pay® Installment Loan.

Citi Retail Services’ collaboration with ChargeAfter gives participating online merchants the ability to seamlessly integrate Citi Pay products, which include a digital-only credit card and monthly installment loan, into their point-of-sale experience. Citi Pay products give customers flexibility in their budgets and puts them in control of how they want to finance their purchases.

ChargeAfter’s Lending Hub for banks bridges the gap between merchants and lending banks by streamlining the complex process from product creation and management to the deployment and distribution of lending products. The Lending Hub for banks also enables swift merchant onboarding and integration for bank lending partners, allowing them to offer various financing options to merchants and their customers at scale.

“We are excited to join forces with Citi Retail Services, leveraging elements of ChargeAfter’s Lending Hub to empower and support the Citi Pay family of digital payment products to meet the evolving demands of the merchant community. This collaboration is an affirmation of the capabilities of our Lending Hub for leading payment providers,” commented Meidad Sharon, founder and Chief Executive Officer of ChargeAfter. “Our nimble, cutting-edge technology and rapid go-to-market tools for banks position us to support Citi Retail Services in expanding its Citi Pay products and enhance the customer experience at checkout.”

“Our collaboration with ChargeAfter enables us to quickly and seamlessly embed Citi Pay products into our merchant partners’ point-of-sale, which furthers Citi’s more than 30-year commitment to providing merchants and consumers with the secure and flexible payment options they desire,” said Terry O’Neil, Head of Connected Commerce and Strategic Growth Initiatives for Citi Retail Services.

About ChargeAfter’s Lending Hub

The ChargeAfter Lending Hub for banks is a comprehensive platform designed to allow financial institutions to streamline the development, management, and distribution of lending products. It equips banks and lending institutions with the tools to efficiently deliver lending services to merchants and shoppers at scale. The platform enables rapid merchant onboarding, seamless integration, and diverse processes such as branded eCommerce extensions, point-of-sale integration, call center, and QR code loan processes, as well as merchant self-service management tools, BI analytics, and robust reporting capabilities.

Additionally, the Lending Hub offers full lending program management, encompassing merchant oversight, chargeback management, mitigation measures, and in-depth reporting suites for bank partners. The Lending Hub empowers banks to offer a wide range of financial products, including short- and long-term installments, revolving credit with installments, buy-now-pay-later solutions, private label credit cards, personal loans, project loans, and more, all on a single platform. This flexibility allows banks to rapidly deploy and manage diverse lending assets while maintaining a strong focus on their core business activities.

About ChargeAfter

ChargeAfter is pioneering the embedded lending network for point-of-sale consumer financing for merchants and financial institutions. Powered by a network of lenders and a data-driven matching engine, ChargeAfter streamlines the distribution of credit into a single, secure, and reliable embedded lending platform. Merchants can rapidly implement ChargeAfter’s omnichannel platform online, in-store, and at every point of sale, enabling them to provide personalized financing choices to their customers.

ChargeAfter is backed by payment expert investors including Citi Ventures, Visa, MUFG, Banco Bradesco, Synchrony Financial, PICO Venture Partners, Propel Venture Partners, and The Phoenix. ChargeAfter is headquartered in New York with an R&D center in Tel Aviv. For more information, visit https://chargeafter.com/about-us.

Please contacts:

Media Relations:
Varda Bachrach 
varda.bachrach@chargeafter.com

Investor Relations:
ir@chargeafter.com

ChargeAfter will embed multiple lenders into Removery’s point-of-sale financing offer to support the company’s growth.

NEW YORK, Sept. 27, 2023 /PRNewswire/ — ChargeAfter, the embedded lending platform for point-of-sale financing, announced today that Removery, the world’s tattoo removal experts, chose ChargeAfter to power its upgraded consumer financing offer. ChargeAfter was selected to enhance Removery’s client experience by offering a fast, seamless, and transparent financing process built to support its rapidly growing global network. Removery is the world’s largest pure-play provider of tattoo removal services with a network of 150+ studios.

Removery’s upgraded point-of-sale financing offer simplifies the beginning of the tattoo removal journey by making it more accessible through increased financing options for clients, aligning with the company’s commitment to providing a first-class customer experience. ChargeAfter’s platform covers the full spectrum of credit. Its multi-lender waterfall and matching engine is expected to capture significantly more applications than Removery’s existing single-lender model, which is expected to more than double approval rates.

Anyone entering Removery’s U.S. tattoo removal studios is now able to apply to a network of lenders and be instantly matched to the best financing options based on their credit profile and preferences.

“Removery’s mission is to provide a transparent, easy, and optimal tattoo removal experience that is accessible and affordable for everyone,” commented Tom Weber, CEO of Removery. “As more of our customers request improved financing options, our priority is to meet this demand and provide a first-class experience that reflects our ethos of embracing change. ChargeAfter’s embedded lending platform, which will be known as Removery Choice, supports this vision as it easily connects clients to multiple lenders in a fast and seamless process, making it easy for us to improve our consumer financing across our U.S. studios. The platform’s post-sales capabilities are great news for our team who will spend less time managing complex transactions despite working with more lenders. The platform’s insights will help us optimize our financing offer and support our global business growth. We plan to extend this offering quickly to our Canadian and Australian studios.”

Meidad Sharon, Founder and CEO of ChargeAfter said “We are delighted that Removery chose ChargeAfter to empower its customers by embedding financing choices into their checkout experience. While many healthcare providers still focus on a single lender solution that excludes high-intent customers from purchasing their services, Removery is joining a growing number of market-leading providers that use ChargeAfter to offer more financing choices. ChargeAfter’s platform is the easiest way to embed and manage multiple lenders at every point of sale, while providing an exceptional customer experience, resulting in approval rates as high as 85%. We are excited that ChargeAfter will accompany and support Removery’s global growth.”

About ChargeAfter

ChargeAfter is pioneering the embedded lending network for point-of-sale consumer financing for merchants and financial institutions. Powered by a network of lenders and a data-driven matching engine, ChargeAfter streamlines the distribution of credit into a single, secure, and reliable embedded lending platform. Merchants can rapidly implement ChargeAfter’s omnichannel platform online, in-store, and at every point of sale, enabling them to provide personalized financing choices to their customers.

ChargeAfter is backed by payment expert investors including Visa, Citi Ventures, Synchrony Financial, Banco Bradesco, MUFG, PICO Venture Partners, Propel Venture Partners, and The Phoenix. ChargeAfter is headquartered in New York with an R&D center in Tel Aviv. For more information, visit https://chargeafter.com/about-us.

About Removery

Removery, the world’s tattoo removal experts, helps people reflect on the outside who they are on the inside. Home to the world’s first tattoo removal Clinical Advisory Board dedicated to the advancement of the industry, Removery’s research empowers its tattoo removal specialists to deliver the safest, most effective and most accessible laser tattoo removal procedures using the state-of-the-art PicoWay® laser system. To date, Removery has delivered over 1 million treatments across 150+ studios in the United States, Canada, and Australia.

To learn more, visit removery.com and connect with Removery on Instagram (@removery) or Facebook (@removery).

Contact
Media Relations: Varda Bachrach, varda.bachrach@chargeafter.com
Investor Relations: ir@chargeafter.com

By expanding its network of lenders to include Wells Fargo, ChargeAfter enables merchants to provide their well-qualified consumers with fast approvals. 

NEW YORK, August 16, 2023 ChargeAfter, the embedded lending platform for point-of-sale financing, announced today that it is partnering with Wells Fargo Retail Services, a division of Wells Fargo Bank, NA that facilitates the delivery of consumer private label and industry credit card programs to retailers.

Merchants that use ChargeAfter’s platform to provide point-of-sale financing will now be able to offer their consumers Wells Fargo’s private label credit programs. Wells Fargo’s private label credit programs are designed to serve consumers with extended promotional terms and fast approvals for qualified consumers. These financing options are critical to retailers and service providers that operate in home goods, home improvement, outdoor living, jewelry, etc. Consumers can access the Wells Fargo private label credit product through a fast and frictionless embedded process at the point of sale. 

Steve Jermier, Senior Vice President of Relationship Management for Wells Fargo Retail Services stated, “Partnering with ChargeAfter enables us to easily embed our private label card products into the merchant’s point-of-sale. ChargeAfter’s simple integration into e-commerce and in-store POS platforms provides consumers with quick and convenient access to our product. This allows our retailers to provide consumers with financing for their individual needs at any point of sale.” 

Meidad Sharon, CEO of ChargeAfter commented, “We are delighted to partner with a global banking leader such as Wells Fargo. Integrating Wells Fargo’s private label credit products into the ChargeAfter platform enables merchants to easily provide consumers with fast access to the best financial choices available. As embedded lending becomes the new standard for merchants’ checkout experience, our platform maximizes customer buying power where it matters most – at the point of sale.” 

About Wells Fargo Retail Services:

Wells Fargo Retail Services, a division of Wells Fargo Bank N.A., facilitates the delivery of consumer private label and industry credit card programs to retailers, manufacturers, distributors, associations, and buying groups in a variety of markets. Learn more at wellsfargo.com/newbusiness.

About ChargeAfter
ChargeAfter is pioneering the embedded lending network for point-of-sale consumer financing for merchants and financial institutions. Powered by a network of lenders and a data-driven matching engine, ChargeAfter streamlines the distribution of credit into a single, secure, and reliable embedded lending platform. Merchants can rapidly implement ChargeAfter’s omnichannel platform online, in-store, and at every point of sale, enabling them to provide personalized financing choices to their customers. 

ChargeAfter is backed by payment expert investors including Visa, Citi Ventures, Synchrony Financial, Banco Bradesco, MUFG, PICO Venture Partners, Propel Venture Partners, and The Phoenix. ChargeAfter is headquartered in New York with an R&D center in Tel Aviv. Learn more at chargeafter.com

For further information, please contact 

Media Relations, Varda Bachrach varda.bachrach@chargeafter.com
Investor Relations ir@chargeafter.com

It’s a proud moment for us at ChargeAfter as we embrace our recognition as a trailblazer in embedded financing. We are thrilled to announce that we have secured nominations in not one, not two, but three categories at the esteemed US FinTech Awards 2023!

As pioneers in consumer financing, these nominations acknowledge our unwavering commitment to innovation and excellence. America’s burgeoning FinTech Awards have celebrated our impactful contributions in:

– BankingTech of the Year

– LendTech of the Year

– PaymentsTech of the Year

The judging panel reviewed hundreds of submissions. Being spotlighted amidst the nation’s best and brightest underscores our resolve to offer unparalleled consumer finance solutions, cementing ChargeAfter’s stature as an industry vanguard.

The winners will be announced at the ceremony in New York on 02 November 2023.

See the full The 2023 US FinTech Awards shortlist. 

By adding more B2B lenders to its point-of-sale financing platform, ChargeAfter enables merchants in Canada to provide their business customers with additional B2B financing options

NEW YORK, April 4, 2023 ChargeAfter, the leading multi-lender point-of-sale financing platform announced today that it is expanding its network of lenders through a partnership with Canada’s leading B2B Buy Now Pay Later (BNPL) provider Tabit, powered by Merchant Growth. 

As a result of the partnership, ChargeAfter will provide merchants in Canada with more financing options for their business customers at the point of sale. Financing options are very limited for businesses, resulting in low approval rates. To help merchants provide a solution for their business customers, ChargeAfter partners with financing providers that specialize in serving businesses. 

Tabit is a B2B Buy-Now-Pay-Later solution powered by Merchant Growth. Merchant Growth was recently recognized as the fastest-growing B2B financing provider in Canada. Tabit’s integration into the platform means that merchants that use ChargeAfter to manage their point-of-sale financing can now provide their business customers with installment options from 30 days to 12 months.

Elias Beaino, EVP, Tabit commented “We are thrilled to announce our partnership with ChargeAfter, a leading multi-lender platform. Through this collaboration, Tabit is able to offer its innovative B2B BNPL solutions to even more merchants. We look forward to working closely with ChargeAfter to bring flexible payment options to businesses and help them grow and succeed.”  

Meidad Sharon, CEO, ChargeAfter commented “We are delighted to partner with Merchant Growth to add their Tabit’s B2B BNPL solution to ChargeAfter’s network of lenders in Canada. This new partnership is an important step in our B2B financing program expansion. Embedded point-of-sale financing is fast becoming the new standard for the modern customer journey and I am excited that ChargeAfter’s lending network is leading this change.”

About ChargeAfter
ChargeAfter is the leading multi-lender white-labeled point-of-sale consumer financing platform and lender network for merchants, and financial institutions. Powered by a data-driven decisioning engine and network of lenders, ChargeAfter streamlines the distribution of credit into a single platform that merchants can implement rapidly online, in-store, and across any point of sale.

ChargeAfter investors include Visa, Citi Ventures, Synchrony Financial, Banco Bradesco, MUFG, BBVA, PICO Venture Partners, Propel Venture Partners, The Phoenix, and Plug and Play VC. ChargeAfter is headquartered in New York and has a research and development center in Tel Aviv. For more information, visit https://chargeafter.com/about-us 

About Tabit
Tabit is a B2B Buy-Now-Pay-Later solution powered by Merchant Growth. Tabit was founded in 2021 with the purpose of bringing the consumer buying experience to B2B. Through decades of data and a deep understanding of the borrower and lender landscape, Tabit partners with B2B suppliers to provide small businesses with flexible payment options at point-of-sale and eliminates the risk and expense associated with in-house credit management. Learn more at: https://tabit.ai/   

 

About Merchant Growth
Merchant Growth is a leading Canadian financial technology company that specializes in small business financing. Over the past decade, Merchant Growth has supported Canadian businesses with hundreds of millions of dollars in growth financing. Using an innovative approach that includes the latest technology, complete transparency and thoughtful customer care, Merchant Growth is committed to helping make business financing easy to understand and accessible. To learn more, visit: www.merchantgrowth.com. 

For further information, please contact
Varda Bachrach, varda.bachrach@chargeafter.com
Investor Relations, ir@chargeafter.com 

NEWS PROVIDED BY

ChargeAfter  PR

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Multi-lender network and data-driven platform streamlines checkout and helps top furniture retailer meet consumer demand for flexible, personalized financing

NEW YORK, Oct. 20, 2022 /PRNewswire/ — ChargeAfter, the market-leading point of sale (POS) consumer financing platform and network, has been selected by Raymour & Flanigan, the Northeast’s largest furniture and mattress retailer, to power point-of-sale financing online and in over 140 brick & mortar locations. Raymour & Flanigan’s focus on providing exceptional customer experiences led it to partner with ChargeAfter’s data-driven decisioning engine and network of lenders. ChargeAfter will streamline the customer experience and enable enhanced customer engagement with Raymour & Flanigan’s flexible, personalized financing options.

With a single integration, ChargeAfter will connect Raymour & Flanigan’s current prime, near-prime, and sub-prime lenders, allowing the integrated process to approve up to 85 percent of customer applications. During checkout, customers will complete a single, quick application and instantly receive the best approved financing offer based on their unique credit profile and needs. ChargeAfter will integrate seamlessly with Raymour & Flanigan’s point of sale system and devices in-store, allowing customers to apply on Raymour & Flanigan’s customer-facing technology or a personal mobile device. This improved flexibility, simplicity, and ability to get customers approved is anticipated to help Raymour & Flanigan grow its financed sales by 25% in the coming years.

“The customer experience is tremendously important to our business, and increasingly we’re seeing that consumers want access to more personalized and flexible financing options without the stress of being declined or having their credit checked by multiple lenders,” said Chris Lloyd, Head of Payment Solutions at Raymour & Flanigan. “ChargeAfter gives us the power of a fully branded financing experience, and expands our reach by allowing us to offer customers personalized financing regardless of where they want to shop. With ChargeAfter, we have the peace of mind that our point-of-sale financing is powered by a proven platform and deep industry expertise, so we can focus on giving our customers a superb furniture buying experience.”

With ChargeAfter, Raymour & Flanigan will be able to provide a range of financing products outside of their existing private label credit card and lease to own options, including potentially  card-based installments, BNPL, and B2B financing, all with a single integration. ChargeAfter will also supply Raymour & Flanigan with access to real-time performance and transaction reporting as well as the ability to settle, upsell, refund and partially credit transactions with the click of a button. This access will be 100% managed and controlled by Raymour & Flanigan and they can make decisions or changes in real time to immediately influence performance or reporting.

“We’re honored to partner with one of the most well respected and established furniture retailers in the United States,” said Mark Denman, EVP of Merchant Sales & Success at ChargeAfter. “As consumer preference for point-of-sale financing continues to grow, Raymour & Flanigan sees that having the ability to meet those needs for the full credit spectrum will be critical to their success. As the macro environment continues to evolve, we expect to see more retailers consider enhanced options to transact and expand their reach, desire an increase in sales, and meet the financing needs for more customers. ChargeAfter is the provider to seamlessly execute this opportunity, without the headache of multiple technical integrations with lenders.”

About ChargeAfter

ChargeAfter is the leading multi-lender buy now pay later consumer financing platform and network connecting retailers and lenders to offer shoppers responsible, personalized financing options.

Powered by a data-driven decisioning engine and network of global lenders, ChargeAfter delivers the most relevant financing offers to consumers from multiple lenders based on credit type – resulting in approvals for up to 85% of applications. ChargeAfter streamlines the distribution of credit into a single platform that retailers can implement rapidly both online and in-store. The company’s growing lender network offers seamless integration to lenders seeking to grow their customer base while expanding into new retail markets.

ChargeAfter investors include The Phoenix, Citi Ventures, Banco Bradesco, Visa, MUFG, BBVA, Synchrony Financial, PICO Venture Partners, Propel Venture Partners, and Plug and Play VC. ChargeAfter is headquartered in New York and has a research and development center in Tel Aviv visit https://chargeafter.com/about-us.

About Raymour & Flanigan:

Raymour & Flanigan is the premier furniture and mattress retailer in the Northeast. Now in its 75th year of operation, the company serves over 1 million customers annually through its website and 140 stores across 7 states. Through decades of growth, Raymour & Flanigan believes as strongly as ever in its mission to enhance the customer shopping experience.

Raymour & Flanigan believes strongly in its associates and in the communities it calls home. The company has been certified as a Great Place to Work for three consecutive years, and has built a culture of respect and support for its over 6,000 associates. In addition, over 600 in-store events are held in an average year to raise funds and awareness for causes ranging from disabled Veterans to children’s hospitals, school programs and food pantries. Furthermore, in-house recycling centers allow the recycling of 99% of packaging materials, diverting over 200 million pounds from landfills since 2002.

Based in Syracuse, New York, Raymour & Flanigan is a family owned and operated company. For more information, please visit https://www.raymourflanigan.com/about-us.

IR Contact:
ir@chargeafter.com

Media Contact:
marketing@chargeafter.com
+1 917-593-9977

The market-leading Buy Now Pay Later (BNPL) consumer finance network ChargeAfter and Fortiva® Retail Credit, the leading technology-enabled consumer financing program, announced the expansion of their current relationship, which began in 2018. To give more customers the chance to be authorized for financing, the Fortiva Retail Credit can now be used across ChargeAfter’s complete network of merchants, channel platforms, and financial institutions.

How Does Fortiva Retail Credit Works?

 

Thanks to the Fortiva® Retail Credit program, the Bank of Missouri can offer a seamless transition from prime financing to a second-look program with affordable payment alternatives, which makes use of the flexible technology capabilities of Atlanticus Services Corporation. Both online and in-store, Fortiva Retail Credit can offer its customers the greatest retail finance options.

Fortiva Retail Credit is a great opportunity for consumers with low credit scores, if the clients are declined to get prime consumer financing option, they are automatically transferred to the Fortiva program where they have a higher chance to get the funds they need with a better payment plan.

Atlanticus’ technology platform allows more inclusive financing alternatives that help merchants to say “yes” more frequently to customers with not good enough credit by drawing on insights garnered from over 25 years of data collection and consumer behavior.

The United States, Puerto Rico, and the U.S. Virgin Islands are among the territories where the Fortiva® Retail Credit program is accessible. Subsidiaries of Atlanticus Holdings Corporation are in charge of running the Fortiva® Retail Credit program.

What is ChargeAfter

 

ChargeAfter is a leading platform and network for Buy Now Pay Later (BNPL) consumer financing that links merchants and lenders to provide customers with responsible, individualized financing choices. Up to 85% of applications are approved after ChargeAfter presents the most pertinent loan alternatives from various lenders to customers based on their credit types. ChargeAfter unifies the credit distribution process onto a single platform, which shops can quickly adopt both online and offline. ChargeAfter’s huge lender network guarantees any business to increase their sales and grow its customer base.

 

Expanding the Partnership

 

The market-leading BNPL network ChargeAfter links merchants and lenders to provide customers with individualized point-of-sale financing alternatives during checkout from a variety of lenders. By working together, Fortiva® Retail Credit and ChargeAfter will enable a simple, digital application process for financing and transaction funding, empowering both consumers and retailers.

Despite ChargeAfter’s constant efforts to provide shops with the finest options for their consumers, some buyers were still unable to use financing systems to obtain the funds they require. With the increased relationship with Fortiva, ChangeAfter may now provide its services to customers with a low credit score, since buyers who apply for consumer financing occasionally have a terrible credit history and are turned down for the funds they need. Fortiva Retail Credit and ChargeAfter will benefit customers and merchants through this relationship, enabling the quick and easy application for financing and transaction finance online. Any business using ChargeAfter as its financing platform will see their customer base grow as a result of this.

On the other side, Fortiva Retail Credit anticipates expanding its audience as well, given that ChargeAfter has opened up new opportunities for them. Customers all around the nation will be able to use Fortiva credit as a consumer financing option to buy the things they need and use BNPL to gradually pay back the purchase money.

“As the first credit program to integrate with ChargeAfter, we are excited to extend and expand our relationship,” said Dave Caruso, Chief Commercial Officer of Atlanticus Services Corporation.

Mark Denman, EVP of Merchant Sales & Success at ChargeAfter said: “As ChargeAfter continues to disrupt the BNPL space, Fortiva® Retail Credit’s premier services and offerings will continue to help set us apart from the competition. We look forward to our continued rapid expansion with the Fortiva program and appreciate the longstanding partnership we have with them.”

Due to the fact that ChargeAfter and Fortiva Retail Credit are extending their relationship, businesses will now be able to offer their clients more comfortable retail finance options. On the other side, clients will have more opportunities to finance their demands through BNPL and consumer financing.

 

Want to learn more? Reach out to us here.

Funding will expedite the onboarding of thousands of additional retailers to provide responsible financing to millions of shoppers worldwide – anywhere they shop

New York, NY, March 22, 2022 – ChargeAfter, the market-leading Buy Now Pay Later (BNPL) consumer financing network that provides shoppers with responsible, approved financing offers from multiple lenders with a single application, and bespoke white-labeled BNPL platform services for global banks and financial institutions has announced the completion of their $44M Series B. The round was led by The Phoenix, with participation from global banking giants Citi Ventures (Citigroup), Banco Bradesco, MUFG (Mitsubishi UFJ Financial Group), and existing investors. ChargeAfter’s new funding follows a strategic investment and partnership with Visa bringing the company’s total amount raised to $60 million.

“While BNPL has exploded in popularity in recent years, the marketplace often gives consumers limited options and up to a 70 percent decline rate,” said Meidad Sharon, CEO, and founder of ChargeAfter. “Investor interest in ChargeAfter is a testament to the growing need for a network-driven financing platform made for merchants, banks, and financial institutions, as the industry rapidly shifts from a single lender, low-approval reality to a multi-lender experience where responsible lending and approvals rates upwards of 85% or more are the new norm,”

With dozens of pre-integrated global financing lenders and banks already on the platform, ChargeAfter offers shoppers approved and personalized consumer financing from multiple lenders through a single, quick application, wherever they shop. With the distribution of credit streamlined into a single platform, retailers can easily implement ChargeAfter’s BNPL offering both online and in-store. Plus the company’s growing lender network offers seamless integration to lenders seeking to grow their customer base while expanding into new retail markets.

ChargeAfter also provides global banks, acquirers, financial institutions, and strategic partners with a fully branded white label BNPL platform. The network provides retailers and businesses access to leading financing partners across the full-credit spectrum with BNPL products such as card-based installments, split pay, long and short-term installments, 0% APR financing, revolving credit, B2B financing, lease to own, and more, in a single integration.

“The investment will enable us to accelerate growth and further diversify our global lender and merchant networks while scaling strategic partnerships by providing leading banks, lenders, financial institutions, and industry partners a turnkey white label BNPL platform of their own.” continued Mr. Sharon. “Our ongoing investment in the platform will expedite the onboarding of thousands of additional retailers to provide responsible financing to millions of shoppers worldwide – anywhere they shop.”

“As consumer interest in BNPL accelerates, it is critical for merchants, banks, and financial institutions to offer tailored solutions that meet their customer’s evolving needs. ChargeAfter’s white-labeled, multi-lender platform represents the next generation in consumer lending and enables any business to seamlessly embed diverse credit solutions in their product offering. We are excited to partner with ChargeAfter as they execute on their vision to unify this massive but fragmented space,” said Boaz Morris, Investment Manager, VC at The Phoenix.

“Given the growing usage and popularity of Buy Now Pay Later solutions, a multi-lender platform that provides more flexibility at checkout is imperative for ensuring clients have choices when completing purchases. This requires nimble and innovative consumer shopping experiences. We are thrilled Citi Ventures has invested in ChargeAfter, a Citi accelerator graduate,” said Carol Grunberg, Global Head of Strategic Partnerships and Innovation at Citi’s Treasury and Trade Solutions.

“For nearly 30 years, the Boleto has been the dominant form of BNPL or consumer credit in Brazil. Our investment in ChargeAfter stems from our need as the leading bank in Brazil to redefine local BNPL and consumer financing and stand behind payment innovation for merchants and lending technologies for banks and financial institutions,” said Rafael Padilha, Director of Bradesco PE & VC, Bradesco.

 About ChargeAfter

ChargeAfter is the leading multi-lender buy now pay later consumer financing platform and network connecting retailers and lenders to offer shoppers responsible, personalized financing options.

Powered by a data-driven decisioning engine and network of global lenders, ChargeAfter delivers the most relevant financing offers to consumers from multiple lenders based on credit type – resulting in approvals for up to 85% of applications. ChargeAfter streamlines the distribution of credit into a single platform that retailers can implement rapidly both online and in-store. The company’s growing lender network offers seamless integration to lenders seeking to grow their customer base while expanding into new retail markets.

ChargeAfter investors include PICO Venture Partners, Propel Venture Partners, The Phoenix, Citi Ventures, Banco Bradesco, Visa, MUFG, BBVA, Synchrony Financial, and Plug and Play VC. Headquartered in New York, ChargeAfter has offices in New York, California, and Tel Aviv.

For more information, visit https://chargeafter.com/about-us/

Want to learn more? Reach out to us here.