What happened: Shoper is a leading provider of software solutions that help e-commerce companies in Poland launch and manage their online stores. The company was founded in 2005 and currently employs over 300 people. Most recently, Shoper launched a merchant cash advance solution (PragmaGO) and a B2B Buy Now Pay Later feature (Shoper).
My comment: I have been researching a few Embedded Finance companies in Eastern Europe over the past few months and will highlight a few over the next few weeks. To start with, Shoper is an easy-to-use software that allows you to quickly launch and manage a new e-commerce shop used by both small and large merchants. And not surprisingly, Shoper is venturing into the world of Embedded Finance. It started with a cash advance product, which provides Shoper’s merchants with fast financing based on their existing sales data with Shoper. In a second step, the company also launched a B2B-focused Buy Now Pay Later product, enabling other businesses that want to buy a product from a Shoper-powered e-commerce store with flexible financing options (spreading the payment into 3, 6, 9 or 12 instalments). Shoper is partnering with Polish fintech infrastructure provider PragmaGO for both products.
