The Israeli startup bringing new opportunities for the un-banked and under-banked | CTech
Summary
“Adding more payment options to this enormous market is disrupting that long-lasting monopoly and changing how people shop and check out both in a retail store and online. It gives shoppers more freedom of choice as they shop and increases their spending power while allowing retailers to offer a frictionless digital checkout experience and reduce costs. Adding more payment options to this enormous market is disrupting that long-lasting monopoly and changing how people shop and check out both in a retail store and online. This shift will bring new sources of funding into the game and will open new opportunities for audiences that were left behind due to credit card limitations, such as un-banked or under-banked populations, as well as the younger generations that use alternative forms of payment (e-wallets, crypto, buy-now-pay-later, etc.). After completing a very successful POC in Israel last year, we decided in early 2022 to expand in the U.S. We recently signed strategic partnerships with large platforms and providers, such as PayPal, Venmo, Klarna, Sezzle, Splitit, BitPay, and Trustly.