Live applications value
Total application value over time
SERVE 'THIN FILE' CUSTOMERS
Cocoon harnesses open banking technology to serve 'thin file' consumers that are currently excluded by mainstream providers. This increases financial inclusion and drives increased sales for our merchants.
Cocoon provides a more cost-effective solution, as you are able to serve more customers at reduced rates compared to other providers. This allows our merchants to maximise their profits.
Our solution is designed to offer 0% interest finance to customers within 12 months, which is great for customers and means no FCA regulation is required.
Cocoon was started with a simple mission in mind: use technology to offer interest-free point of sale finance to those customers rejected by other providers.
In delivering on our mission, Cocoon aims to increase financial inclusion for customers that are excluded from mainstream providers and drive increased profits for our merchants. Cocoon believes superior technology can allow more customers access to interest-free finance at the point of sale without having to seek high-cost external loans to finance their purchases.
We provide a win-win situation for the merchants we work with and their customers: our merchants drive increased profits and even more customers can enjoy the benefit of interest-free finance.
Don't worry if you can't find your sector. Please get in contact and we'd love to understand more to see if we can support you.
To find out more about Cocoon or to request a demo please enter your details below and the team will get in touch.