Sportyneo provides a payment platform that allows sports club members to pay their annual fees in installments of up to ten times, ensuring immediate cash flow for the clubs. This system eliminates the complexities of managing multiple payments and reduces the financial burden on members, making sports participation more accessible.
Funding
$1.8M 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
Sports clubs often face challenges in managing finances due to the burden of collecting membership fees, dealing with late payments, and the administrative overhead of handling multiple payment methods. Members, on the other hand, may find it difficult to afford annual fees in one lump sum, potentially hindering participation.
Solution
Sportyneo provides a payment platform designed to streamline membership fee collection for sports clubs and offer flexible payment options for their members. The platform allows clubs to receive upfront, lump-sum payments while enabling members to pay their fees in installments of up to ten times. Sportyneo handles all payment processing, reducing administrative tasks for clubs and making sports participation more accessible by easing the financial strain on members. Additionally, the platform offers integrated insurance options for members and provides access to discounts at various retailers, adding further value to the membership experience.
Target Audience
Sportyneo targets amateur sports clubs and their members, including club treasurers, presidents, and volunteers seeking simplified payment management, as well as individual members looking for flexible payment options and additional benefits.
Features
- Installment payment plans for members, allowing fees to be paid in up to 10 installments
- Upfront, lump-sum payment disbursement to clubs, regardless of members' chosen payment plan
- Automated payment processing and collection, eliminating the need for manual handling of checks and late payment reminders
- Customizable online club pages for managing memberships, stages, and equipment sales
- Integrated cancellation insurance to reimburse fees for injuries, illnesses, or professional reasons
- Discount program providing members with savings at over 200 retailers
- Secure CB payment processing
- Sponsoring opportunities for clubs