Tasana is a Buy Now Pay Later (BNPL) app that issues virtual cards for users to finance purchases from any store. The app allows users to split payments into installments with 0% APR.
Funding
Funding not disclosed
Founders
Product
Problem
Consumers often face challenges affording purchases, especially for unexpected expenses or when managing cash flow between paychecks. Traditional credit options may involve high interest rates, hidden fees, and complex application processes, creating barriers for some shoppers.
Solution
Tasana provides a Buy Now, Pay Later (BNPL) service through a virtual card, enabling users to finance purchases at any online or physical store. Users can split the purchase amount into interest-free installments, either four payments over six weeks or a single payment after 30 days. The virtual card is accessed via a mobile app, eliminating the need for physical cards or in-person applications. Tasana aims to offer a transparent and accessible payment solution without interest, hidden fees, or service charges.
Target Audience
Tasana targets consumers seeking flexible payment options and an alternative to traditional credit cards, particularly those who want to split purchases into manageable installments without incurring interest charges.
Features
- Generates a virtual card for immediate use at any merchant
- Offers two payment options: 4 equal installments over 6 weeks or a single payment after 30 days
- Provides interest-free financing with 0% APR
- Mobile app for managing the virtual card and tracking payments
- No service fees or hidden charges
- Usable for both online and in-store purchases