Tumbuh provides an embedded lending platform that simplifies customer onboarding and loan management through automated KYC processes and real-time transaction tracking. The platform enables businesses to offer flexible payment options, such as Buy Now Pay Later and Earned Wage Access, enhancing customer experience and improving financial well-being.
Funding
$125K 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
Many businesses, particularly in emerging markets, face challenges in offering flexible payment options to their customers due to complex KYC processes, inefficient loan management systems, and the difficulty of integrating lending solutions into their existing platforms. This limits their ability to enhance customer experience, increase sales, and improve financial inclusion.
Solution
Tumbuh provides an embedded lending platform designed to simplify customer onboarding and loan management, enabling businesses to offer flexible payment options such as Buy Now Pay Later (BNPL), Working Capital financing, and Earned Wage Access (EWA). The platform automates KYC processes, provides real-time transaction tracking, and offers a white-label solution that can be seamlessly integrated into existing platforms. By offering these flexible payment options, businesses can enhance customer loyalty, increase purchasing power, and improve the financial well-being of their customers or employees. The platform provides real-time data and insights on loan performance, including repayment schedules.
Target Audience
Tumbuh primarily targets businesses across various industries looking to offer embedded financial solutions to their customers or employees, including e-commerce platforms, retailers, and employers.
Features
- Automated KYC and onboarding processes to streamline customer verification.
- White-label integration for maintaining brand consistency during checkout.
- Real-time transaction tracking and loan monitoring.
- Support for Buy Now Pay Later (BNPL) to allow customers to split purchases into smaller payments.
- Working Capital financing to empower business partners with increased buying power.
- Earned Wage Access (EWA) to enable employees to access a portion of their upcoming wages in advance.
- Real-time data and insights on customer loan performance and repayment schedules.
- API and SDK for seamless integration into existing platforms with minimal coding.