Mozzeno launches "Buy Now, Pay Later" - Finance

Mozzeno launches “Buy Now, Pay Later” – Finance

As of next year, Mozzeno will embark on “Buy Now, Pay Later” (BNPL). A payment solution that is on the rise with young people.

Mozzeno, the crowdfunding platform for individuals, has come out of the pandemic well and is growing. After a period of uncertainty in 2020, the year 2021 promises to be an excellent vintage.

Over the first seven months of the year, it granted 14 million euros in loans, three more than over the same period last year. In addition, it faces few payment deferrals. Of the 3,000 loans in the portfolio, only five have been deferred. Mozzeno feels ready to move up a gear.

As of next year, she will embark on the “Buy Now, Pay Later” (BNPL). A payment solution that is on the rise with young people whose stars are Klarna (Sweden), the Australian Afterpay, bought out recently by Square and the Japanese Paidy which is the subject of a takeover offer from from Paypal.

The BNPL makes it possible to benefit from its purchase immediately while being able to pay in installments, the merchant receiving the sum immediately. Mozzeno wants to become a deferred purchase button on e-commerce sites. Contracts have already been signed to this effect with Belgian actors.

Mozzeno, the crowdfunding platform for individuals, has come out of the pandemic well and is growing. After a period of uncertainty in 2020, the year 2021 promises to be an excellent vintage. Over the first seven months of the year, it granted 14 million euros in loans, three more than over the same period last year. In addition, it faces few payment deferrals. Of the 3,000 loans in the portfolio, only five have been deferred. Mozzeno feels ready to step up a gear. From next year, it will embark on the “Buy Now, Pay Later” (BNPL). A payment solution that is on the rise with young people whose stars are Klarna (Sweden), the Australian Afterpay, bought out recently by Square and the Japanese Paidy which is the subject of a takeover offer from from Paypal. The BNPL allows you to benefit from your purchase immediately while being able to pay in several instalments, the merchant receiving the sum immediately. Mozzeno wants to become a deferred purchase button on e-commerce sites. Contracts have already been signed to this effect with Belgian actors.

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