San Francisco, CA, September 14, 2022 — Wisetack joins the Finovate winners circle, named Best Consumer Lending Solution for 2022. The award recognizes a bank or financing institution that “excels in the field of consumer lending by offering quality products and an exceptional digital experience.” Wisetack was also a finalist in the Best BNPL (Buy Now Pay Later) category.
“Finovate is a prestigious award and winning in this category is a testament to the hard work of our entire team for the past four years,” said Bobby Tzekin, Wisetack CEO.
The Finovate Awards showcase innovations and ideas pulling the banking and financial services space forward. Founded in 2007, Finovate award winners are selected from a panel of more than 20 independent judges. Finovate is sponsored by InformaConnect.
Through its suite of seamless APIs, Wisetack’s consumer financing integrates with software platforms SMBs are already using to run their business. This allows service providers to implement a financing payment option in minutes, immediately boosting sales. Consumers, in turn, benefit from a fast financing option that allows them to pay over time for essential services, without surprises or unexpected fees.
Wisetack makes it easy for in-person businesses to offer financing to their customers through embedded point-of-sale lending. Founded by an experienced team in payments, Wisetack raised a $45M Series B in September 2021, bringing the total amount raised to $64M. Investors include Insight Partners, Greylock, and Bain Capital Ventures.
All loans are subject to credit approval. Your terms may vary. Wisetack loans are issued by Hatch Bank, a California industrial bank. See http://wisetack.com/faqs.