Yourasset provides financing solutions for purchasing new and pre-owned luxury watches over 12 to 60 months, up to CHF 250'000. The platform acts as an intermediary, enabling customers to buy directly from authorized brand and retail partners or verified pre-owned merchants. This service allows buyers to lock in today's purchase price while facilitating monthly installment payments through a banking partner.
Funding
$1.2M 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
The high upfront cost of purchasing luxury watches can be a barrier for many enthusiasts, limiting their ability to acquire desired timepieces. Traditional financing options may not be readily available or tailored to the unique needs of luxury watch buyers. This can prevent individuals from owning the watches they desire and managing their budgets effectively.
Solution
Yourasset provides a financing solution that enables customers to purchase new and pre-owned luxury watches through fixed monthly installments. Customers can finance amounts up to CHF 250,000 over a period of 12 to 60 months, making luxury watch ownership more accessible and budget-friendly. Yourasset partners directly with brands, retailers, and pre-owned merchants to offer a curated selection of authentic watches. The platform acts as a payment enabler, allowing customers to lock in purchase prices and protect against retail price inflation. Yourasset also facilitates the sale of existing watches, connecting sellers with verified merchant partners and private buyers who can utilize financing options.
Target Audience
Yourasset primarily targets individual customers in Switzerland aged 18-65 with a steady income, who are interested in purchasing luxury watches but prefer flexible payment options. The platform also caters to individuals looking to sell their luxury watches discreetly and efficiently.
Features
- Financing for new and pre-owned luxury watches up to CHF 250,000
- Flexible payment terms ranging from 12 to 60 months
- Direct partnerships with brands, authorized retailers, and verified pre-owned merchants
- Digital boutique showcasing a curated selection of luxury watches
- Facilitation of watch sales to verified partners and buyers
- Option for buyers to finance the purchase of pre-owned watches
- Account management tools for tracking transactions and managing watch collections
- Authentication guarantee for all watches purchased through the platform