du-it is a Malaysia-based Islamic Fintech that provides a Buy Now, Pay Later payment solution for both B2B and B2C transactions, enabling businesses to offer flexible installment plans without interest. This platform enhances customer purchasing power while facilitating seamless online and offline payment experiences across various channels.
Funding
$110K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, especially SMEs, face challenges in offering flexible payment options to their customers due to the complexities and costs associated with traditional financing and installment plans. This limitation can hinder sales, reduce customer purchasing power, and create barriers to growth, particularly in competitive markets.
Solution
du-it provides a Buy Now, Pay Later (BNPL) platform designed for both B2B and B2C transactions, enabling businesses to offer installment plans without charging interest. The platform integrates with various online and offline payment channels to provide a seamless omni-channel experience. By leveraging du-it, businesses can enhance customer affordability, increase sales conversion rates, and improve cash flow management. The solution aims to bridge the supply chain financing gap by offering a flexible and accessible payment solution for a wide range of industries.
Target Audience
The primary target audience includes SMEs and larger businesses seeking to offer flexible payment options to their customers, as well as consumers looking for affordable installment plans.
Features
- BNPL solution for B2B and B2C transactions
- Interest-free installment plans to enhance customer purchasing power
- Omni-channel payment support for online and offline transactions
- White-label solution for businesses to customize and integrate into their existing systems
- Platform designed to improve sales conversion rates and customer affordability