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- Fatfish Group’s (FFG) subsidiary has entered a new partnership to roll out its buy now pay later (BNPL) services in Asia
- Smartfunding has teamed up with KryptoPOS, a cloud-based point-of-sale software provider with more than 5000 merchants using its software in Malaysia and Indonesia
- The partnership also entails sharing analytics to approve credit analysis capabilities and pre-approve merchants with good credit standings
- KryptoPOS will be entitled to a 15 to 30 per cent cut of revenue from transactions originating from the strategic partnership
- Shares last traded at 14.5 cents
Fatfish Group’s (FFG) subsidiary Smartfunding has entered a new partnership to roll out its buy now pay later (BNPL) services to merchants in Asia.
Based out of Singapore, Smartfunding is an online financing platform which has recently launched its BNPL offerings, with the view of rolling out the services into the rest of Southeast Asia.
To this end, Smartfunding has teamed up with KryptoPOS, a cloud-based point-of-sale software provider offering its services in Malaysia and Indonesia.
Under the partnership, KryptoPOS will rollout Smartfunding’s BNPL services to its 5000 plus merchants with an initial focus on small and medium businesses.
Additionally, the partnership entails sharing of behavioural and data analytics to approve credit analysis capabilities and to pre-approve merchants with good credit standings.
KryptoPOS will be entitled to a 15 to 30 per cent cut of revenue from transactions originating from the strategic partnership.
Shares last traded at 14.5 cents.
