Alexey Tolstik
CEO
Mandarin
Mandarin is an IT platform that facilitates information exchange between businesses and licensed financial institutions for point-of-sale financing transactions. By providing flexible tools for global merchants, it enables efficient access to consumer finance solutions, helping businesses scale their sales in the digital economy.
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Raised to date
$30KRaised 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.
Funding rounds are not available yet.
Founders
Product
Problem
Businesses often face challenges in efficiently managing point-of-sale financing transactions, particularly when dealing with multiple financial institutions and diverse payment methods. Integrating various lenders and payment providers can be complex, hindering scalability and increasing operational overhead. This complexity can limit access to consumer finance solutions, impacting sales growth, especially in the digital economy.
Solution
Mandarin provides an IT platform designed to streamline information exchange between businesses and licensed financial institutions for point-of-sale financing. The platform offers a suite of tools that facilitate access to a variety of consumer finance options, including installments and loans. By connecting businesses with multiple lenders and payment providers through a unified system, Mandarin simplifies the integration process and reduces the complexities associated with managing diverse financial partnerships. This enables businesses to offer customers flexible payment solutions, improving sales and customer satisfaction.
Target Audience
The primary target audience includes e-commerce businesses, educational institutions, medical centers, and other enterprises seeking to offer diverse point-of-sale financing options to their customers.
Features
- API for integrating payment and lending services into existing systems
- Online payment acceptance from various sources, including international payments
- Installment and lending options with automated customer onboarding and support
- Mass payout capabilities for disbursing funds to clients and partners
- Automated payouts to self-employed individuals with tax compliance features
- Payment routing to split payments between multiple parties, such as marketplaces and vendors
- Online identification (UPRID) via integration with partner banks and government databases
- Cloud-based cash register (Kassa) for compliant transaction processing