Sunday, December 22

Tag: ePayLater

ePayLater Raises pre-Series A funding from ICICI Bank & Others
10Jan By PriyankaNo Comments
FUNDING

ePayLater Raises pre-Series A funding from ICICI Bank & Others

Mumbai, January 10, 2019: ePayLater, the leading innovator in the digital credit market, is beginning 2019 on a high note. It has closed its Pre-Series A funding round which was led by ICICI Bank, the second largest private bank in India and also saw participation from GMO Global Fintech Fund, the investment fund of the internet conglomerate in Japan along with family offices like Parekh and Patni and foreign investors from the UK. With this capital infusion, ePayLater is better poised to ramp up its technology architecture as well as strengthen its product. The company had earlier raised USD 2 million during its angel round of funding. ePayLater has quickly made its mark in India as one of the top digital credit solutions, providing interest-free credit terms for a 14-day period thr...
Read More
ePayLater Partners with Cashfree to Bring in Pay Later Options
19Dec By Gauri SinghNo Comments
BUSINESS

ePayLater Partners with Cashfree to Bring in Pay Later Options

Indian digital payments company ePayLater which is based in Mumbai has partnered with another payment company called Cashfree to bring in its innovative payment facility to their merchants. This partnership will bring ePayLater’s credit-based payment solution to almost all the merchants such as Daily Ninja, BigSmall, WheelStreet, EventsHigh, EduCart and Instaspaces using the Cashfree payment gateway. Also, ePaylater is targetting to process Rs.1000 crore in payments within the next 12 months. The company wants the product to be rolled out to more than 5000 merchants on the Cashfree platform by next year. “Offering credit via Buy Now, Pay Later option is one of the most exciting developments in Indian fintech and Cashfree hopes to offer this...
Read More