Skeps
Skeps offers a microservices platform that integrates banking services into various merchant interfaces, enhancing customer access to financing for purchases between $500 and $100,000+.
Microservices Platform for Banking Services
Skeps offers a microservices platform that ensures the seamless embedding of banking services into various consumer touchpoints. With this platform, merchants can integrate banking services directly into their websites, retail stores, and 1:1 sales interactions. This integration aids in smooth financial transactions and enhanced customer experiences.
Industry-Specific Solutions
Skeps provides tailored solutions for a range of industries, including home improvement, retail, telecom, travel & hospitality, and health & wellness. These solutions are designed to meet the specific needs and challenges of each sector, facilitating better financial management and customer satisfaction.
Lending Gateway
The company's lending gateway connects customers to financial solutions, significantly impacting purchasing decisions. This gateway plays a crucial role in increasing basket size and enabling the purchase of products and services priced at $500 and above. By offering customized financing options, Skeps boosts the purchasing power of consumers.
Patented Technology for Secure Financing Offers
Skeps utilizes patented technology to match customers with the best financing offers from a multi-lender network securely and instantly. This technology ensures that customers receive optimal financial solutions quickly, enhancing the overall shopping and financing experience.
Partnerships with Financial Institutions
Skeps collaborates with 3 top national banks, 3 credit unions, and 5 major fintech leaders to offer a diverse range of financing options. These partnerships help provide robust and reliable financial solutions to customers, ensuring they have access to necessary funds for their purchases.
Impact on Sales and Average Order Value
On average, merchants see a notable 30% increase in sales conversions and a 25% increase in average order value (AOV) after integrating Skeps' platform. This enhancement in sales metrics highlights the efficacy of Skeps' solutions in driving business growth and customer engagement.
Pay-Over-Time Solutions
Skeps offers a platform that allows for flexible pay-over-time solutions for purchases ranging from $500 to $100,000 or more. This solution is designed to reduce friction in high-value transactions, providing customers with manageable payment options while aiming to lower the cost of acquisition and increase the lifetime value of customers.