WeGetFinancing Reports Impressive 2024 Results with 31% Increase in Funded Transactions
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EATONTOWN, N.J. - JerseyDesk -- WeGetFinancing, a leading Buy Now, Pay Later (BNPL) technology platform, announced remarkable growth and performance in 2024, driven by a significant increase in transaction volume, higher average order values (AOV), and expanded access to consumers, including those with lower credit scores. The company experienced a 31% increase in transaction volume compared to 2023, reflecting the growing demand for its BNPL solutions. A key highlight was a 9.5% rise in AOV, from $4,777.07 in 2023 to $5,231.54 in 2024, showcasing BNPL's role in facilitating larger consumer purchases.

A major achievement was the expansion of WeGetFinancing's credit spectrum, enabling the platform to serve a broader customer base. The average FICO score of funded customers dropped from 658 in 2023 to 631 in 2024, illustrating the company's commitment to inclusivity by providing financing options to a diverse range of consumers, including those with lower credit scores.

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Stephane Touboul, CEO of WeGetFinancing, commented on the company's success: "WeGetFinancing's success in 2024 highlights the changing dynamics of consumer financing. Our platform's ability to facilitate more transactions, increase AOV, and serve a broader customer base reflects our continued dedication to meeting the evolving needs of both merchants and consumers. We are proud of the strides we've made in expanding access to responsible financing, and we're excited to continue this growth as we look to 2025."

Looking ahead, WeGetFinancing will host a webinar for merchants (https://streamyard.com/watch/sB5QPPuQmTwj) on January 21, 2025, at 2:00 PM Eastern. Katie Galvin, Vice President of Sales, will discuss emerging BNPL trends post-holiday season, providing merchants with valuable insights into evolving consumer behavior and strategies to enhance sales and customer engagement in 2025.

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WeGetFinancing is a premier BNPL gateway technology provider that connects consumers to a network of lenders at point-of-sale checkouts, offering financing options online and in-store. The platform streamlines the financing process by matching customers with the best lender for their financial profile. With a growing network of lending partners and merchants, WeGetFinancing is revolutionizing consumer financing, ensuring access to the products and services consumers need, regardless of their credit history.

For more information, visit www.wegetfinancing.com.