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PollenPay creates a Buzz in BNPL Revolution

Categories: Financial, Professional and Business Services

Related sector

Financial, Professional and Business Services

PollenPay, the Manchester-based ‘Buy Now, Pay Later’ (BNPL) company has officially launched in the UK. The company’s mobile-based application is now available as a free download for all customers aged 18 or above, via Apple’s App Store.

PollenPay’s new mobile application will give its customers more flexibility when making payments. The exciting BNPL technology aims to ease pressure on purchases, by spreading payments and enabling greater levels of financial responsibility among its users. For boutique businesses, PollenPay’s service can also ensure greater cashflow management.

Highlighting the immense demand for its service, PollenPay’s new mobile application has already been downloaded over 1,000 times in just a few days of being live. Likewise, PollenPay already has more than 250 merchants on board, across a diverse collection of sectors. This immediate success has far exceeded the company’s internal predictions, putting PollenPay in a position for strong growth in 2022.

Underpinning PollenPay’s early success has been the company’s stringent know-your-customer (KYC) checks, as well as its human-centric core values. Unlike other businesses in the sector, PollenPay prides itself on promoting financial responsibility among its users. To this end, the company enacts effective protocols to ensure customers don’t accrue mass debts on its platform and offers real flexibility on repayment terms.

Likewise, with its stringent KYC checks, PollenPay has employed a robust and secure system that accurately assesses whether an individual qualifies for its initial £250 credit limit, without the need for a full-scale credit check.

Speaking on PollenPay’s successful launch, founder and CEO, Leon Wilson commented:

“ We are thrilled to launch the PollenPay App on the Apple app store. Our solution is helping to give everyday people more flexibility when making payments and offers a more responsible approach to BNPL transactions, which we believe can be used to elevate levels of financial responsibility across the UK.

Tim Newns, CEO of MIDAS, Manchester’s Inward Investment Agency added:

“ Greater Manchester’s fintech industry has really come into its own and is globally recognised as a place for firms to succeed. The launch of PollenPay supports our growing reputation as a significant FinTech hub and we’re looking forward to seeing them make waves across the UK with its unique offer.

You can download the PollenPay app on iOS here.

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