Pier
Pier, formerly known as Pier Fin and Inc., is a B2B company based in San Francisco, CA, offering versatile Buy Now Pay Later (BNPL) solutions across various industries, including travel and healthcare, to enhance revenue and streamline credit services.
Company Overview
Pier, formerly known as Pier Fin, Inc., is a B2B company headquartered in San Francisco, CA, USA. The company operates within the B2B industry, focusing on providing Buy Now Pay Later (BNPL) solutions. Pier's BNPL software is designed to help businesses grow revenue, offering a flexible and versatile solution suitable for various industries.
BNPL Solutions
Pier offers Buy Now Pay Later (BNPL) solutions that can lead to a 30-40% increase in Gross Merchandise Value (GMV). Their software features over 2,106,000+ configurations with built-in compliance guardrails, ensuring customers comply with state and federal regulations. The BNPL implementation can save companies between 6-9 months of time, making it an efficient solution for businesses across various sectors including travel, clean energy, weddings, home improvements, healthcare, electronics, ecommerce, and real estate.
Services
Pier provides point-of-sale financing, enabling companies to offer credit confidently and compliantly. The company handles the tech stack for credit product origination, underwriting, and loan management. Pier also assists with licensing requirements and license management, and offers an API for launching credit products. Their SaaS services aim to enhance or facilitate various parts of the lending process, tailored specifically for business clients.
Y-Combinator Participation
Pier was part of the Y-Combinator batch W23. This participation has provided the company with significant resources and networking opportunities to accelerate its growth and innovation in the B2B sector.
Privacy and Data Use
Pier does not collect information directly from consumers; instead, it serves as a service provider to business customers. The company may collect non-personally identifiable information and personally identifiable information from third-party customers for commercial purposes, such as improving services. Pier implements industry-standard technical and procedural measures to protect against unauthorized access and use of information. Data is retained only as long as it serves its initial purpose or as subsequently authorized. The company complies with California law regarding data rights and may disclose information to third parties under specific circumstances.