We are a Swiss-based digital lending platform for e-commerce in untapped and underserved markets. Our holistic ecosystem, which embeds FinTech, E-commerce, and E-logistics, enables over 300 million consumers and 5 million merchants in Uzbekistan, Lebanon, Jordan, Kazakhstan, Iraq, and Pakistan access to financing through innovative distribution
Our core activity in this ecosystem is lending. ZoodPay offers three products:
ZoodPay Consumer BNPL is an interest-free flexible payment solution spread over four equal installments. At checkout, the customer choosing this option will be settling 25% of the amount due immediately and the 75% balance equally spread over the following three months.
ZoodPay Consumer Credit is an interest-bearing payment solution repaid over 6 or 12 equal installments and is underwritten by a partner bank. The customer pays the full cost of the loan, including the principal and the accrued interest. This product is distributed through ZoodPay Broker, where lending requests are sent to our partner banks through API, allowing for instant in-app decisions on whether to underwrite the facility and at what rate.
ZoodPay SME Inventory financing to select Zood merchants, for up to one month. We also provide warehousing, packing, and last-mile delivery through a dedicated fulfillment center. The merchants will send the financed products to our warehouse, where they will serve as collateral together with the customer receivables.
ZoodMall, our proprietary lending marketplace in the ZoodPay Super App, focuses on the demand side, or the consumers, with an ever-growing user base, topping 9.5 million as of today, and offers merchants lead generation opportunities and the chance to move their business online without going through costly marketing activities.
ZoodPay’s marketplace is an ideal solution for cross-border merchants seeking access to countries of the Middle East and Central Asia with a BNPL solution, given the low penetration and fast-growing nature of these markets. It also helps merchants overcome the logistic challenges in delivery or local set-up with a quick integration solution and a low cost of search, which negates financial risk by reducing the need to invest massively before testing the markets and limits costs to only sales performance, and relieves the cumbersome need to manage customer support.
ZoodMall features over 7 million products from 30,000 domestic and international sellers, allowing users to buy goods using our flexible payment solutions.
We have complemented our ecosystem with an e-logistics service. ZoodShip includes fulfillment, consolidation, and last-mile delivery to the customer’s home or through our ZoodShip Smart Lockers Network (pick up and collection points).
ZoodShip offers warehousing, fulfillment, packing, pickup point with fitting rooms, courier and postal deliveries for ZoodPay orders. ZoodShip guarantees a faster delivery time and reduced delivery costs thus improving the user experience. It also helps the merchants in their daily operations, attracting them to our ecosystem and strengthening our partnerships with them.