PayBright is a technology-enabled point-of-sale (“POS”) real-time consumer payments and lending platform based in Toronto, Ontario. The company began its operations in 2009 as a provider of consumer financing for Canadian healthcare procedures that were not covered by insurance benefits. In recent years, PayBright has invested in its technology platform to support merchants in the retail industry, including both e-commerce sites and physical store locations. PayBright has since become the leader in its space, providing an alternative payment option for purchases through a superior customer experience. By partnering with PayBright to offer an installment payment method, merchants make purchases more affordable for their customers and see increases in conversion, average order value, and repeat traffic. Clients include Wayfair, Endy, and Casper.
Led by Wayne Pommen, the PayBright leadership team has strong industry experience, and the company is viewed as a leading innovator in the fintech industry. PayBright’s omnichannel technology platform (for online, in-store, and call center environments) has helped it secure a leading position with e-commerce companies and traditional retailers operating in Canada. The company is well positioned to benefit from ongoing trends in e-commerce spending and consumer payment preferences.
Wayne Pommen, President and CEO