Nemi provides a point‑of‑sale financing and payment platform for construction contractors, integrating with over 50 banks via open‑banking APIs to deliver instant loan approvals and the best rates to homeowners at checkout. The embedded solution adds flexible installment options, automates invoicing and payment reconciliation, and charges only a 2% service fee on financed amounts plus a 0.5% transaction fee.
Funding
Funding not disclosed
Founders
Product
Problem
Construction contractors often struggle to close sales because customers lack affordable financing options and payment processes are cumbersome, leading to lost projects and delayed cash flow.
Solution
Nemi offers a point‑of‑sale financing and payment platform specifically for the construction sector. By connecting to over 50 partner banks via open‑banking APIs, the service provides instant loan approvals and presents the best rates to end‑customers. Contractors can embed flexible installment plans directly into their checkout workflow, while the platform also handles invoicing and payment tracking. The solution is free to use, with revenue generated only through a modest service fee on financed amounts and a small transaction fee for secure payments, enabling builders to increase sales without upfront costs.
Target Audience
Primary customers are small to medium‑size construction firms, renovation specialists, and hand‑craft businesses that sell directly to homeowners and need integrated financing options.
Features
- Open‑banking integration for real‑time credit checks and rapid loan approval
- Access to a network of 50+ banks to automatically select the most competitive financing offers
- Embedded point‑of‑sale checkout that presents monthly installment options to homeowners at the time of purchase
- Automated invoicing and payment reconciliation tools for contractors
- Secure payment processing with a 0.5 % transaction fee
- Transparent pricing model: 2 % service fee on financed amounts, platform usage free of charge