Just a follow up to this:Clearpay Moves Into Southern Europe With ‘Buy Now, Pay Later’ Services
The potential is the region is enormous, said cofounder and co-CEO Nick Molnar, adding that Spain, Italy and France together have an addressable e-commerce market exceeding 150 billion euros.
.LONDON — Clearpay is stretching to southern Europe, inviting merchants in Spain, Italy and France to join the “buy now, pay later” platform in an e-commerce market that exceeds 150 billion euros.The company’s entry into southern European follows its acquisition of Pagantis, a Spanish-based payment company. Clearpay has also received regulatory approval from the Bank of Spain to offer its products across Spain, France, Italy, Portugal and Germany.
As of Monday, merchants in Spain and France will be able to join the platform, while their Italian counterparts will be able to do so later this month.
In an interview, Nick Molnar cofounder and co-chief executive officer of Clearpay, said the company will launch in southern Europe with more than a billion dollars in gross merchandise value.
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