Qomodo

Qomodo

Provider of BNPL for physical retail and critical purchases. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€18—27m (Dealroom.co estimates Nov 2023.)
Milan Lombardy (HQ)
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Qomodo is a financial technology startup that offers a unique payment solution for businesses. Their primary service is an innovative point of sale (POS) system that allows businesses to receive immediate payment, while their customers pay in installments without interest. This model eliminates the need for businesses to wait for payments or deal with risky overdrafts and uncertainties.

Qomodo's solution is designed to improve cash flow for businesses and increase their earning potential over time. The company believes that by offering customers the convenience and peace of mind of installment payments without interest, businesses can increase customer satisfaction, leading to repeat business, higher spending, and positive word-of-mouth.

Qomodo's smart POS system is versatile, catering to the diverse needs of businesses' customers. It offers the option of deferred payment without interest or the efficiency of immediate payment. The company also promises a top-of-the-range POS system, replacing outdated payment tools.

Qomodo's business model is based on clear and flexible costs, with no unpleasant surprises. The company promises immediate improvements in cash flow, increased customer numbers, and higher earnings.

The company also offers a fast integration with businesses' management software through a set of two REST APIs, ensuring a highly customized payment experience for customers.

Qomodo is currently being used in an increasing number of auto repair shops across Italy, suggesting a focus on businesses that offer high-value goods or services that customers may prefer to pay for in installments.

Keywords: Fintech, Point of Sale (POS), Immediate Payment, Installment Payment, No Interest, Cash Flow Improvement, Customer Satisfaction, Business Software Integration, Auto Repair Shops, Italy.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.