Credit Key

Credit Key is a B2B financial services technology company that allows merchants to offer an instant "buy now, pay later" function that is seamlessly integrated at checkout. With a focus on improving customer experience at checkout, Credit Key exists alongside other payment methods but aims to usurp them via two key selling points: On the one hand, it allows buyers to access instant and transparent payment plans, delaying the costs they have to bear up front, and on the other, since Credit Key assumes the credit risk and any loan servicing, it is able to offer the merchant a risk-free transaction.

Credit Key has partnerships with the likes of Olam, optimise.health and HS Wholesale. With a key focus on growth at the moment, Credit Key will be pushing to increase its footprint in the B2B payments market as fast as possible.

This being said, there are some key developments surrounding the "buy now, pay later" model that Credit Key will want to keep a close eye on. In the UK, for example, growing concerns about the capacity of "buy now, pay later" schemes to create large amounts of individual debt have led to greater regulation of their usage in B2C transactions, and though this does not directly affect Credit Key's market, it may be a trend which could affect the company in future.