As the BNPL sector continues to grow, PollenPay, a UK-based firm has mapped out its launch plans.
Led by founder and CEO, Leon Wilson, the business has underlined its priority to ease pressure on purchases, while ensuring greater levels of financial responsibility amongst its users.
PollenPay emerges from the vibrant Manchester fintech scene, the startup has also highlighted its focus on consumer protection and financial safeguards.
It comes as the rise of BNPL companies has been exponential in recent times, however, many of the businesses currently operating in the sector find themselves under increasing pressure to instil greater financial responsibility amongst their customer-bases.
Spearheading this startup are the founders and CEO, Leon Wilson, Brian Teo and Steven Hilton. They first developed an interest in technologies related to the payments space while living in Australia. During this time, they witnessed the initial BNPL boom first-hand and began plans to refine and adapt the concept to better fit the UK market.
Speaking on PollenPay’s launch plans, Wilson commented: “Customers shouldn’t fear the thought of making payments and retailers shouldn’t worry about receiving money in a timely manner. I’ve watched these issues affect British businesses and consumers for far too long and decided a change needed to be made. That’s why I’ve developed PollenPay, which I’m proud to launch very soon.
“Our platform is helping to give individuals and businesses greater control over their finances and facilitating BNPL purchases more efficiently than ever before. As a company, we’re committed to extolling the values of Manchester as a city and will offer a service tailored exactly to our customers’ needs.
“We’ve adopted the Manchester worker bee within our logo for a reason. We want to help put the city on the map within the BNPL scene; both in Britain and further afield. It’s an exciting moment to enter this developing space and to join the growing ranks of Manchester’s emerging fintech scene.”