Tabby is a payments platform that allows users to split their purchases into four interest-free installments, eliminating the burden of upfront costs. By integrating with various retailers, Tabby enhances the shopping experience and increases conversion rates for businesses while ensuring customers never incur additional fees when payments are made on time.
Funding
$1M 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.
HIFounders
Product
Problem
Many consumers face challenges affording purchases upfront, leading to abandoned carts and reduced sales for retailers. Traditional financing options often involve interest charges and complex application processes, deterring potential buyers.
Solution
Tabby provides a buy now, pay later (BNPL) platform that allows shoppers to split purchases into four interest-free installments. By integrating directly with online and physical retailers, Tabby enables customers to acquire goods and services immediately while deferring payments over time without incurring interest or fees when payments are made on schedule. This flexible payment option removes price barriers, increases conversion rates for merchants, and enhances the overall shopping experience.
Target Audience
Tabby primarily targets consumers seeking flexible payment options and retailers aiming to increase sales conversions and expand their customer base.
Features
- Integration with online and physical retailers via API and plugins
- Instant approval process for shoppers
- Payment splitting into four interest-free installments
- Mobile app for managing payments and discovering exclusive deals
- Tabby Card: A virtual card for splitting payments anywhere VISA is accepted
- Tabby Care: Purchase protection, including payment holds and easy returns
- Tabby Shop: Shopping assistant for discovering and tracking products, brands, and deals