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Follow on Google News | Klub Partners with Shopflo to provide seamless checkout experience for its merchantsBengaluru-based Shopflo, a SaaS firm, and Klubworks have teamed to provide revenue-based financing for merchants using the Shopflo platform.
By: Klub Works Shopflo raised $2.6 million earlier this year from Tiger global and TQ ventures. "As a D2C brand, you can't sell to a customer only once. They need to trust & believe in your story. Repeat customers need to get special treatment & that's where we come in to help loyal customers feel rewarded." Priy Ranjan, Co-founder of Shopflo while Commenting on the partnership. Digital retailers can access finance using Klub's full-stack embedded capital platform starting at Rs 5 lakh and going up to Rs 30 crore. Klub asserts that via 700+ investments, it has benefited over 300 firms, including Bewakoof, Chumbak, and Purple Style Labs, allowing them to get credit with a single click, retain customers, grow their GMV, and generate additional revenue through value-added capital products. Sudharsan Venkatakrishnan, Vice President at Klub, said, "Klub offers innovative financing to direct-to-consumer brands and has partnered with multiple high-impact players in the ecosystem. Shopflo's offerings help solve an important problem for brands and we are happy to welcome them to our roster of partners." Visit our website - https://klubworks.com End
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