LendPro is a Software-as-a-Service (SaaS) platform that enables merchants to offer simple, easy, and secure retail point-of-sale (POS) financing options for their customers both in-store and in ecommerce. More than 20 lenders ranging from large money-center banks like Wells Fargo and other Prime lenders, to prominent 2nd-tier lenders, to providers of no-credit, lease-to-own financing products are integrated with the LendPro platform. LendPro’s Application Waterfall can be configured and tailored to the retail strategy of a merchant and its customers’ needs exemplified by a range of rapid and seamless implementations across a number of retail verticals. LendPro creates a “triple-play” for retail finance: (1) Merchants embrace the increased ticket size, faster transaction speeds, higher approval rates, dashboard data and management, and lender optionality; (2) customers appreciate the privacy, simplicity and transparency: and (3) lenders value the implementation speed and flexibility, and distribution expansion. MFP has led the formation of strategic partnerships for LendPro and created structures for a successful implementation with a major Mobile Broadband Operator.
Finexio simplifies B2B payments for middle and large market companies by eliminating paper checks from accounts payable payments. Finexio’s comprehensive Accounts Payable “Payments as a Service” solution identifies the optimal payment acceptance method for all suppliers and leverages proprietary analytics and AI tools to generate maximum conversion rates of suppliers to electronic payments. Finexio’s intelligent payment network identifies, delivers, and supports ten forms of payment, generating revenue and cost savings for AP departments while offering complete transparency and control of the payment process.
Plainsight provides an industry-first AI IoT platform for end-to-end machine learning (ML) lifecycle management. The Plainsight platform empowers enterprise executives, data scientists, and ML engineers with one unified system for computer vision and IoT solutions. In one powerful yet easy to use interface, AI/ML teams get integrated tools for device fleet management, machine learning model building with data annotation, and flexible edge, cloud, on-premise or hybrid deployment. Plainsight accelerates the productionalization and success of AI-powered video, edge and IoT applications at any scale.
Zebit is a unique ecommerce company that has pioneered the integration of ecommerce, FinTech and alternative finance. Powered by data science, Zebit gives consumers access to up to $2,500 of credit without a credit check to shop in a robust online marketplace and pay back purchases over time at 0% interest. Zebit’s members have access to millions of name brand products across 20+ verticals (electronics, home, furniture, jewelry, fragrance, beauty, outdoor, etc.) and are rewarded with additional financing options and larger credit lines based on their good payment behavior. The company consistently receives a Net Promoter Scores of 74+, is scaling at triple-digit growth rates with strong metrics, and is projected to be profitable in 2020.
Gain Credit is a seasoned and innovative alternative lender in the UK and India providing financing products to the underserved. In the UK, Gain Credit’s Lending Stream & Drafty brands are considered among the most trusted credit products in the UK’s alternate lending sector (source: Trust Pilot). With the recent launch of OYE!, Gain Credit has expanded its footprint to India. The Company leverages deep alternative lending domain experience across analytics, platform development, marketing and customer experience to create compelling value propositions that empower the underserved with responsible access to credit. Drafty is a line-of-credit solution which enables customers to define their own limit up to the approved amount and borrow funds accordingly at any time. Lending Stream is a 6-month digital loan provider in the UK which serves as a viable alternative to payday loans for people in need of emergency funds. OYE! offers one-year EMI loans to Indian salaried workers who are new to credit and have just entered the workforce. The product is easy-to-use, quick and can be applied to through the OYE! mobile app.
Koalafi is an emerging leader in retail POS financing products for underserved consumers. The company combines cutting edge technology (which leverages AI to optimize credit underwriting) with transparent products and sales acumen to provide compelling solutions in a number of retail verticals. Koalafi’s seasoned team has achieved strong growth and excellent underwriting outcomes.
Sticky.io is an innovative ecommerce payments platform focused on the complex needs of subscription and recurring billing models, particularly performance marketing merchants. The Company has built core transaction execution and processing capabilities designed specifically for the subscription ecommerce marketplace and that marketplace’s performance-based marketer segment. The sticky.io solution suite spans the entire value chain, linking where customers come from with the details of processing and support, and provides the intelligence needed to acquire customers, process transactions, manage risk, and improve margins. Sticky.io has a broad and experienced team of engineers, data scientists, and seasoned entrepreneurs with backgrounds in performance marketing, mobile payments, and enterprise technology.