The startup offers a fintech platform that enables eCommerce merchants to implement Buy Now Pay Later transactions with enterprise-grade security and performance. Its features include loan portfolio management, invoicing, and smart payments, which streamline financing and automate back-office operations for merchants.
Funding
$3.6M 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
eCommerce merchants often face challenges in offering flexible payment options like Buy Now Pay Later (BNPL) due to the complexities of integrating with multiple credit providers and managing the loan lifecycle. This can limit sales, reduce conversion rates, and increase operational overhead for invoicing and debt collection.
Solution
Lendiron provides a Buy Now Pay Later (BNPL) gateway and core lending engine that enables merchants and service providers to offer BNPL options under their own brand. The platform connects merchants with multiple credit providers, increasing BNPL conversion rates and profit margins through financing fees. For lending companies, Lendiron offers a modular, white-label technology to manage the full loan lifecycle, including credit scoring and omnichannel capabilities. The platform supports various financing products, including installments and revolving credit, and integrates with credit rating agencies for customized financing solutions.
Target Audience
Lendiron targets B2C and B2B eCommerce merchants, service providers (e.g., travel, healthcare), and lending companies seeking to offer and manage Buy Now Pay Later solutions.
Features
- BNPL gateway connecting merchants with multiple credit providers
- White-label solution enabling merchants to offer BNPL under their own brand
- Core lending engine for managing the full loan lifecycle
- Modular and scalable cloud-based architecture
- Support for multiple financing products, including installments and revolving credit
- Integration with credit rating agencies and third-party services
- Automated invoicing and soft debt collection
- Cross-border lending capabilities without local currency limitations