ChargeAfter’s Multi-Lender BNPL Financing Platform Now Available at Lenovo.com
ChargeAfter’s platform and lender network offer a powerful and transparent financing technology solution to Lenovo buyers by providing a range of BNPL options behind a single application.
NEW YORK (PRWEB)
20 October 2021
ChargeAfter, the world’s leading BNPL (buy now, pay later) network, today announced that Lenovo has launched its services on its US website. Lenovo home and business buyers in the US can now easily purchase, apply for and receive instant financing from multiple lenders using a single app while receiving highly personalized and optimized offers across the spectrum of credit.
ChargeAfter’s omnichannel multi-lender platform with over 30 leading pre-integrated lenders enables merchants to offer multiple consumer and B2B financing options using a single app directly on or from their ecommerce website. from a point of sale while receiving up to 85% funding approvals in under 3 seconds.
âWe’re excited to partner with Lenovo and deliver the best of buying now, paying consumer finance later to Lenovo buyers,â said ChargeAfter Founder and CEO Meidad Sharon. âChargeAfter’s platform and network of lenders provide a powerful and transparent financing technology solution to Lenovo buyers by providing a range of BNPL options behind a single app and delivering the right personalized, approved credit offer to every customer. buyer based on their unique credit needs, âsaid ChargeAfter Founder and CEO Meidad Sharon.
âTechnology has become an important way to learn, work and connect with others, and many people want to upgrade their devices to stay productive and connected. By working with ChargeAfter, we are able to offer a range of financing options to all consumers, âsaid Carlo Savino, vice president of e-commerce for North America and Latin America at Lenovo.
ChargeAfter’s BNPL financing platform offers financing options for every buyer regardless of their banking history, including 0% APR, open lines of credit, short and long term payouts, payouts. by card, hire purchase, as well as B2B.
According to a recent study by “The Ascent,” 55% of consumers surveyed used a buy now, pay later service, up from 37% in July 2020, an increase of almost 50% in less than a year. $ 680 billion will be spent by global consumers using some form of point-of-sale financing in e-commerce channels alone by 2025. This will represent a 92% increase from the $ 353 billion spent in 2019, according to Kaleido Intelligence.
The ChargeAfter platform traders include iconic U.S. retailers leading the home appliance, furniture, mattress, consumer electronics, automotive, and elective healthcare industries, among other industries. vertical.
ChargeAfter is the leading multi-lender buy now pay later financing platform connecting retailers and lenders to provide buyers with personalized financing options.
With its data-driven decision engine and global lender network, ChargeAfter provides consumers with the most relevant financing offers from multiple lenders based on credit type, resulting in credit approvals for up to 85%. customer requests. ChargeAfter streamlines credit delivery on a single platform that retailers can quickly implement both online and in-store. The company’s growing network of lenders provides seamless integration for lenders looking to expand their customer base while expanding into new retail markets.
ChargeAfter investors include Visa, MUFG, BBVA, Synchrony Financial, Propel Venture Partners, PICO Venture Partners and Plug and Play VC. Based in New York City, ChargeAfter has offices in Atlanta, Utah, California and Tel Aviv.
For more information, visit https://chargeafter.com.
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