Retail Credit provides an API-driven financing platform that lets merchants offer instant digital credit at checkout, approving loans in seconds with a machine‑learning risk engine. The service funds approved purchases directly to retailers and handles repayment through automated schedules, helping increase conversion and average order value.
Funding
Funding not disclosed
Founders
Product
Problem
Retail customers often lack access to flexible, low-cost credit options at the point of sale, leading to missed sales opportunities and reduced purchasing power.
Solution
Retail Credit offers an integrated financing platform that enables merchants to provide instant, digital credit lines to shoppers during checkout. The service uses real-time risk assessment algorithms to approve credit within seconds, allowing customers to split purchases into manageable payments. Approved loans are funded directly to the retailer, ensuring immediate cash flow while the borrower repays over a predefined term. The platform integrates with existing e‑commerce and POS systems via APIs, delivering a seamless checkout experience without requiring additional hardware.
Target Audience
Primary customers are online and brick‑and‑mortar retailers seeking to offer point‑of‑sale financing to increase conversion rates and average order values.
Features
- Real-time credit decision engine with machine‑learning risk scoring
- API and plugin integrations for major e‑commerce platforms and POS terminals
- Flexible repayment schedules with automatic debit and reminder notifications
- Merchant dashboard for tracking approved loans, repayment status, and revenue impact
- Compliance and fraud protection layers meeting PCI DSS and local lending regulations