5 years ago

Spotii Secures Funding from Daman Investments to Expand 'Shop Now, Pay Later' Platform

  • Spotii, a 'Shop Now, Pay Later' platform focused on fashion, beauty, and lifestyle brands, has secured funding led by Daman Investments

  • Spotii offers customers the ability to pay for purchases in four equal installments with no interest, while providing businesses with a full upfront payment for their sales

  • The investment will support Spotii's growth and expansion into Saudi Arabia and across the GCC.

      • ProblemFinancial Services

      "Consumers in the GCC want to buy products from fashion, beauty, and lifestyle brands but often face difficulty affording them or managing payments."

      Solution

      "Spotii is a 'Shop Now, Pay Later' platform that allows customers to split purchases into four interest-free installments, making products more accessible and affordable while providing businesses with upfront payments and increased conversion rates."

      Covered on