David Bäckström
CEO
SeQura
SeQura offers an eCommerce payment solution that enables retailers to provide flexible payment options, allowing customers to pay in installments without upfront costs. This approach enhances conversion rates by addressing the challenge of cart abandonment due to payment uncertainties.
- Commerce & Shopping
- Financial Technology
- Software Only
Updated 22 months ago
Funding
Raised to date
$433.2MRaised 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
Many online shoppers abandon their carts due to concerns about immediate payment or a lack of flexible payment options. This can lead to lost sales for e-commerce retailers.
Solution
SeQura provides a payment solution that integrates with e-commerce platforms, enabling retailers to offer customers various flexible payment options. These options include paying in installments, paying after delivery, or deferring payment for a set period. By offering these choices, SeQura aims to reduce cart abandonment and increase conversion rates for online merchants. The platform provides instant approval with minimal customer data required, streamlining the purchasing process.
Target Audience
The primary target audience is e-commerce retailers looking to increase sales by offering flexible payment options, as well as online shoppers seeking convenient and manageable payment plans.
Features
- Payment options include: Buy now, pay later; pay in 3 installments without added cost; and installment plans up to 24 months.
- Instant approval process requiring only 5 data points from the customer.
- Integration with over 4,000 online stores across various sectors, including electronics, fashion, and home goods.
- Secure platform ensuring data protection and transparent costs.
- Buyer protection, offering mediation with the store for refunds if the customer is unsatisfied.