Skeps Raises $9.5M in Series A Funding
- Skeps, a New York-based global Point-Of-Sale (POS) financial technology company company, raised $9.5m in Series A funding
- The round was led by Bertelsmann India Investments with participation from Accel
- The company intends to use the funds to expand the sales, marketing, engineering, and product teams, grow their merchant and lender client base
- The company provides a cloud-based modular platform, used by merchants and lenders to help identify the potential credit solutions for their customers with the likelihood of conversion
- The platform allow merchants to offer financing options ranging from Pay-in-4 to longer-term loans with a single integration
- Banks can use Skep’s as their answer to branded BNPL platforms or grow their unsecured lending portfolio
