3 years ago

Tymit Secures £23 Million to Revolutionize BNPL Landscape

  • BNPL startup Tymit has secured £23 million in a Series A funding round led by Frasers Group

  • The investment will fuel product development, expand operations, and launch a B2B2C installment program

  • Tymit aims to challenge traditional credit providers by offering lower fees and flexible payment options for merchants and consumers.

      • ProblemFinancial Services

      "High merchant fees associated with traditional credit providers hamper merchant growth and don't prioritize consumer or merchant needs."

      Solution

      "Tymit offers a BNPL platform with lower merchant fees and flexible installment options, empowering merchants to provide a better customer experience and drive growth. Their B2B2C program allows merchants to offer BNPL under their own brand."

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