Financed Commodity

Buy-now-pay-layer platforms gain popularity in purchasing everyday goods

Implications - Where layaway-type payment plans have traditionally been used to buy larger items like home appliances, this model is now being used for online purchases of things such as flights and clothing. For credit-averse Millennials, in particular, this shift means that consumers are able to debit the purchase today and pay for it in installments as funds become available. Solutions like these are especially important as consumption habits change and Millennial consumers continue to engage with brands that align with their core values and lifestyle preferences.
SCORE 5.5
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11,404 Total Clicks
Jun 17 - Jun 18
This Month and Untested
BusinessLifestyleRetailCredit Crunch
Featured Examples
Clothing Store Payment Plans - Urban Outfitters' Afterpay Enables Shoppers to Pay in 4 Installments
SCORE 7
This Month and Warm 120 Clicks Pub: Jun 4, 18
Clothing Store Payment Plans
Urban Outfitters' Afterpay Enables Shoppers to Pay in 4 Installments
Urban Outfitters understand that clothes shopping can be an expensive venture for most consumers and installed Afterpay in its online stores to offer individuals a unique payment plan. The new... [More]
Interest-Free Payment Systems - Sezzle Splits Up Shopping Payments Into Increments With No Extra Fee
SCORE 5.1
This Month and Warm 54 Clicks Pub: Jun 20, 18
Interest-Free Payment Systems
Sezzle Splits Up Shopping Payments Into Increments With No Extra Fee
Sezzle offers consumers a payment solution that enables an installment planned payment with no added interest. The price is broken down into four smaller increments planned out over the spread of... [More]
Online Store Financing Platforms - Web Shop Payment Solution GoSEPP Makes it Easier to Afford Items
SCORE 2.9
Mild 189 Clicks Pub: Jun 25, 17
Online Store Financing Platforms
Web Shop Payment Solution GoSEPP Makes it Easier to Afford Items
This startup enables web shop payment installments that will work for any ecommerce site. Based in Austria, GoSEPP is a new venture that aims to offer financial freedom by offering flexible payments... [More]
Installment Payment Travel Services - 'Mihuru' Lets You Book Now and Pay Layer
SCORE 5.4
This Month and Warm 76 Clicks Pub: May 30, 18
Installment Payment Travel Services
'Mihuru' Lets You Book Now and Pay Layer
Travel is an expensive hobby that is only increasing in popularity amongst various consumer demographics around the world, so ‘Mihuru’ is positioned as a solution for avid travelers to... [More]
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