Solfy

SolfySolfy
S

Solfy

Fintech startup providing purchase financing solutions and an interest-free installment card.

DR 292018InactiveSan Gwann, Malta
Rate

About

Solfy is a fintech startup that offers purchase financing solutions, including an interest-free installment card that allows users to divide purchases into multiple payments. The company aims to create an ecosystem where banks provide loans, customers make purchases via the Solfy app, and merchants finance the loan interest. Solfy helps banks sell more credit with less risk, merchants increase sales, and customers enjoy interest-free shopping.
Frequently asked

What does Solfy do?

Solfy is a fintech startup that offers purchase financing solutions, including an interest-free installment card that allows users to divide purchases into multiple payments. The company aims to create an ecosystem where banks provide loans, customers make purchases via the Solfy app, and merchants finance the loan interest. Solfy helps banks sell more credit with less risk, merchants increase sales, and customers enjoy interest-free shopping.

What is Solfy's revenue?

StartupHub estimates Solfy's annual revenue at $580K (range $111K to $2.4M, 30% confidence), based on comparable companies in the sector.

What is Solfy's valuation?

StartupHub estimates Solfy's effective valuation at $19.9M (range $12.5M to $30.0M, 20% confidence), based on comparable companies in the sector.

How much funding has Solfy raised?

Solfy has raised a total of $5M in funding. The most recent round on record is Seed.

Where is Solfy headquartered?

Solfy is headquartered in San Gwann, Malta.

When was Solfy founded?

Solfy was founded in 2018.

What industry does Solfy operate in?

Solfy operates in Fintech, Payments, Banking, Loans, Embedded Finance, Purchase Financing.

What is Solfy's current status?

Solfy's current operating status is: Inactive.

New entrants in Payments
Last 90 days
116
New entrants
38.7
Per month
9.0
Per week

An entrant is a company tagged Payments whose domain was first registered in the window, counted from registry records in the StartupHub directory. 10 of them registered in the last 30 days. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.

Comments

No comments yet. Be the first to share your take.