Wibond
Wibond is a YC Winter 2022 (W22) company. Based in Córdoba, Cordoba, Argentina. Team of 30.
About Wibond
Summary
Wibond builds white-label fintech infrastructure for platforms and marketplaces across Latin America, giving them modular tools to launch digital wallets, process payments, and extend credit to their users. It targets the roughly 200 million underbanked consumers in the region who lack credit cards, letting them shop online in installments through merchants who embed Wibond directly into their checkout flow. The product replaces the need for a bank account or card on the consumer side and eliminates custom payment-infrastructure development on the merchant side.
Business model
A fee on payment transactions processed through its platform
Go-to-market
Online merchants and platform operators integrate Wibond directly into their checkout or product ecosystem, with a self-serve, API-first setup that the company says can go live in days without custom development.
From the Y Combinator listing
Affirm for LATAM
Under "Buy Now, Pay Later" business model, Wibond is a 100% flexible digital payment method enabling the 200 million underbanked consumers without credit cards to shop online for the first time. We integrate directly into the purchase flow of online merchants, and we offer consumers a credit, when they have already made up their mind that they want to acquire a specific product. We provide financial and digital access to a large community of people offering payment options according to their possibilities and profile. Wibond is an inclusive and simple solution: - Consumers can create their free account to quickly access and pay without banks, in installments, and without a card. - Merchants with e-commerce channels increase their sales and integrate Wibond in a very agile way by offering a new form of payment and expanding their markets. We’re also integrated in the purchase flow of more than 500 merchants, including Samsung, Musimundo (one of the Biggest retailers in LATAM) , and Motorola. And up to 65% of the payment transactions on these sites go through us.
Facts
- Fintech / Fintech -> Credit and Lending
- Córdoba, Cordoba, Argentina
- 30
- Active
- Early
Founders (2)
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