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We are working with Spain’s leading Buy Now, Pay Later company who have been established for the last 9 years and have headquarters here in Barcelona. Having been profitable for the last 5 years, they offer solutions on both a B2B and B2C basis, where merchants are gifted sales that would otherwise not happen and consumers are offered payment plans that fit their personal circumstances. Unlike Klarna, this company works with SMEs to help distribute growth and slow down market domination. Example industries that they work in include retail, dentistry and education, which in itself occupy 30% of their revenue.
Following organic growth, the Engineering team are growing to cover off multiple areas of the product. New features include building out subscription based models and merchant dashboards, so that the businesses they work with can have genuine oversight of sales and incoming payments. Given the organisations this company works with, as well as the banks they inherit loans from, integration and synchrony are at the forefront of what your day-to-day will look like. Data ingestion is high and analysis accurate.