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ShopSe provides a comprehensive payment platform, enabling businesses to offer instant Equated Monthly Installments (EMIs) and full payment options at checkout. This system mitigates customer drop-offs by providing diverse affordability solutions. It features a centralized, omni-channel approach, streamlining credit activation for customer profiles via an extensive network of lending partners.
Co-founded in 2020 by Pallav Jain, Abhishek Nimonkar, and Yagnesh Desai, ShopSe emerged from observing that many buyers abandoned purchases due to inadequate flexible financing. Recognizing this gap, the founders built a platform empowering businesses to integrate accessible affordability solutions directly into the sales process, boosting conversion.
ShopSe supports businesses in sectors like insurance and travel, helping them reduce checkout abandonment and increase average order values. Its mission focuses on empowering partners by eliminating transactional friction and expanding financial accessibility for customers. The vision aims to deliver substantial commercial impact, fostering lasting relationships through intelligent affordability tools.
ShopSe has raised $11.0M across 2 funding rounds.
ShopSe has raised $11.0M in total across 2 funding rounds.
ShopSe is a Mumbai‑based fintech that operates a point‑of‑sale “pay‑later” and instant‑EMI marketplace for retailers, enabling customers to buy now and pay over time while giving merchants a centralized payments/affordability stack to reduce checkout drop‑offs and lift average order value[1][2][4].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick framing tie‑back: ShopSe positions itself as a merchant‑facing embedded finance marketplace that turns lost checkout intent into financed purchases by combining lender integrations, cardless instant EMI and a centralized acceptance platform—making it a notable participant in India’s embedded payments and BNPL expansion[2][1][4].
ShopSe has raised $11.0M in total across 2 funding rounds.
ShopSe's investors include BEENEXT.
ShopSe has raised $11.0M across 2 funding rounds. Most recently, it raised $6.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $6.0M Series A | BEENEXT | |
| Apr 1, 2021 | $5.0M Seed | BEENEXT |