ChargeAfter News
5 articles
growth-positive
ChargeAfter's Lending Hub selected as a technology provider for Citi Retail Services | CTech
Israeli fintech company ChargeAfter has signed a partnership with Citi Retail Services to provide point-of-sale customer financing. The agreement, estimated to be worth millions of dollars, will see Citi use ChargeAfters technology to offer installment plans and quick financing options at the point of sale. Earlier in 2022, ChargeAfter raised over $44 million in a Series B funding round led by Phoenix, with participation from Citi Ventures, Visa, MUFG, Banco Bradesco, Synchrony Financial, PICO Venture Partners, Propel Venture Partners, and The Phoenix.
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growth-positive
Fintech startup ChargeAfter raises $44 million for Buy Now Pay Later financing platform CTech
Fintech company ChargeAfter has raised $44 million in a Series B funding round led by The Phoenix, with participation from Citi Ventures, Banco Bradesco, MUFG, and existing investors. ChargeAfter offers a Buy Now Pay Later (BNPL) consumer financing network that provides shoppers with approved financing offers from multiple lenders. They also provide a white-labeled BNPL platform for global banks and financial institutions. The funding follows a strategic investment and partnership with Visa and brings ChargeAfters total amount raised to $60 million. The companys platform is used by hundreds of retailers and financial organizations.
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growth-positive
ChargeAfter teams up with MUFG Innovation to expand POS usage
US-based ChargeAfter has partnered with MUFG Innovation to provide retailers with tools for approving POS financing applications from multiple lenders. The collaboration and strategic investment will accelerate the distribution of ChargeAfters POS financing technology platform to banks, lenders, issuing banks, and acquirers. The partnership aims to enable global ecommerce and brick-and-mortar retailers to approve more applications for POS financing in real time. This partnership will support ChargeAfters growth and presence, as well as facilitate the onboarding of new strategic lenders and merchants to the platform.
Partners
growth-positive
Visa Backs Fintech Company ChargeAfter
Visa Inc. has invested in and partnered with fintech company ChargeAfter, allowing retailers to offer customers instant credit and financing plans. The investment amount was not disclosed. ChargeAfter plans to use the funding to expand its research and development team in Israel and aims to grow its team to 100 employees by the end of the year.
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growth-positive
ChargeAfter Raises $8M in Series A Funding - FinSMEs
ChargeAfter, a global network that enables retailers to match consumers with credit and financing offers, has raised $8M in Series A funding. The funding will be used to grow the companys US-based presence, hire sales and marketing industry veterans, expand the network of merchants and lenders, and open a second office in Sunnyvale, California. ChargeAfter provides a financing platform that allows retailers to offer personalized financing options to consumers at checkout. The platform also allows retailers to process and manage transactions from multiple lenders on one platform. The company currently has offices in New York and Sunnyvale.
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