Company Overview
Snapshot
Founded in October 2016 by Meidad Sharon, ChargeAfter operates with 51–200 employees. The company has raised $53.5 million across 4 funding rounds from 9 investors. In February 2024, ChargeAfter's Lending Hub was selected as a technology provider for Citi Retail Services.
Business overview
ChargeAfter provides a market-leading financing platform that enables retailers to offer personalized financing options from multiple lenders to their customers at checkout. Its core technology empowers merchants to approve more applications in real-time, serving the retail and e-commerce industries by streamlining credit distribution for online and in-store point-of-sale financing. The company operates within the Fintech & Insurtech and Business Software sectors, focusing on Lending & Financing and Sales & Marketing Solutions.
Strategic signal
In February 2024, ChargeAfter's Lending Hub was selected as a technology provider for Citi Retail Services. This partnership signifies a major validation of ChargeAfter's platform within the financial services industry, demonstrating its capability to integrate with large-scale retail financing operations and potentially expanding its market reach and influence in consumer lending.
Company Intelligence Q&A
- What is ChargeAfter's primary business?
- ChargeAfter provides a financing platform that allows retailers to offer instant, personalized financing options from multiple lenders to their customers at the point of sale.
- When was ChargeAfter founded and by whom?
- ChargeAfter was founded in October 2016 by Meidad Sharon.
- What was a significant recent partnership for ChargeAfter?
- In February 2024, ChargeAfter's Lending Hub was selected as a technology provider for Citi Retail Services, enhancing their retail financing capabilities.
- Which investors participated in ChargeAfter's February 2020 funding round?
- In February 2020, Visa and MUFG Innovation Partners (MUIP) participated in a funding round for ChargeAfter.
- What was a key strategic collaboration for ChargeAfter in June 2020?
- In June 2020, ChargeAfter teamed up with MUFG Innovation to expand its point-of-sale usage.