Leanpay solution provides advantages for both merchants and consumers. For merchants, the solution provides more customers and higher sales. The solution increases conversion rates by offering consumers intuitive, seamless and error-free loan processes and delivers high approval rates for loan applicants. For consumers, it’s instantaneous and digital and can offer greater transparency on the total cost of the purchase, and it provides more flexibility when it comes to paying for goods and services. Leanpay managed to make partnerships with the most important merchants in Slovenia, as its first EU market, and to partner with EU licensed bank in order to provide liquidity to merchant partners.
Partnership with South Central Ventures will help Leanpay to strengthen its position in the Slovenian market and prepare its infrastructure to grow across the EU.