Tymit offers a white‑label instalment financing platform that lets retailers provide 0% interest payment plans from 3 to 36 months under their own brand. The solution includes a reusable credit line managed within the merchant’s app, incurs no merchant or transaction fees, and is FCA‑regulated, helping businesses boost conversion, average order value, and repeat spend across online and in‑store channels.
Funding
$26.8M 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.
FGFounders
Product
Problem
Merchants often rely on third‑party buy‑now‑pay‑later providers that charge transaction fees, limit brand visibility, and offer rigid payment terms, which can reduce conversion rates and increase customer acquisition costs.
Solution
Tymit provides a white‑label instalment financing platform that lets businesses offer 0% interest payment plans ranging from three months up to 36 months under their own brand. Customers receive a reusable credit line that can be managed and adjusted directly within the merchant’s app or checkout flow, giving them transparency and control over repayments. Because Tymit operates on a merchant‑fee‑free model, retailers keep the full sale value while still benefiting from higher average order values and repeat purchases. The solution is FCA‑regulated, ensuring compliance and consumer protection, and can be deployed both online and in‑store, maintaining the merchant’s brand presence throughout the financing experience.
Target Audience
Primary customers are retail and travel brands that sell both online and in physical locations and seek to increase conversion, average basket size, and customer loyalty without incurring additional merchant fees.
Features
- White‑label instalment UI that integrates via API or SDK into web, mobile, and POS systems
- Flexible repayment terms from 3 to 36 months with 0% interest options
- Reusable credit line for customers, managed through the merchant’s app for real‑time adjustments
- No transaction or merchant fees, preserving full revenue for the business
- Data‑driven engagement tools that provide merchants with insights on spend and repayment behavior
- FCA‑regulated credit offering, providing compliance and consumer protection guarantees
- Seamless omnichannel availability, supporting both online checkout and in‑store purchases