Kanda Products & Services Analysis: $125K Raised
What is Kanda Products & Services?
Kanda Products & Services offers financing solutions for UK tradespeople and online retailers, allowing customers to pay in installments while ensuring timely payments to service providers.
Product Features & Capabilities
- Flexible finance options for customers, 0% APR payment plans over 10 to 36 months, 12.9% APR payment plans over 2 to 10 years, quick setup with no paperwork, secure payments, dedicated support, easy integration into websites, free marketing pack for new sign-ups.
Pricing
- 0% APR: Pay over 10 to 36 months, interest-free, ideal for smaller projects such as emergency repairs, regular maintenance jobs, and annual service.
- 12.9% APR: Pay over 2 to 10 years at a 12.9%-14.9% interest rate, ideal for bigger projects including central heating systems, windows and doors, k
How much Kanda Products & Services raised
1 - $125,000
March 20, 2021Lead Investor: Y Combinator, FJ Labs, and 2 others
Who are the founders of Kanda Products & Services
Investors
- FJ Labs
- Y Combinator
- Asymmetry Ventures
- FoundersX Ventures
- J Ventures
- Knockout Capital
Market Focus
Kanda Products & Services primarily focuses on the financial services industry, specifically providing financing solutions for service and online retail businesses in the UK.
Business Model
Subscription-based model with fees for financing services to customers and tradespeople.
Competitors Overview
Kanda Products & Services operates in the financing solutions market for UK-based service and online retail businesses. Its main competitors include:
- Finastra: An online platform offering a wide range of financial solutions to banks and financial institutions. It is well-established and prov
See something that needs updating? Suggest edits to this profile.