Users can gradually replay in flexible installments.
Malaysia-based supply chain financing startup Fynance has launched a Pay Later service in the country.
Businesses can apply for financing via Fynane’s website. Based on provided documents and details, a Fynance team will do credit checks and determine how much of their invoices from suppliers that the company is willing to fund.
READ MORE: Buy now, pay later more needed in markets with credit under penetration: UOB TMRW exec
Users can gradually settle their balance in flexible installments.
Fynance Pay Later also gives registered suppliers the option of selling us their receivables so they can have access to cash instantly, the press release said.
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