Fundbox Pay Getting a New E-Commerce Checkout Feature

Small business financer Fundbox introduced their business to business credit and payment tool, Fundbox Pay, last year; today they have announced they are extending this tool into point of sale checkout; credit decisions can be made within three minutes; this will bring B2B credit systems on to a level playing field with B2C systems where financing has been available at the point of sale for many years; this will enable more businesses to offer financing, initially set at 60-day terms, at checkout. Source.

  • Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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