CBGF invested in PayBright, a Toronto-based technology-enabled point-of-sale (“POS”) real-time consumer payments and lending platform in December 2018. The company began its operations in 2009 as a provider of consumer financing for Canadian healthcare procedures that were not covered by insurance benefits. PayBright continued to invest in its technology platform to support merchants in the retail industry, including both e-commerce sites and physical store locations. 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.

TESTIMONIALS

PayBright

Head Office

Toronto, ON

Invested Between

December 2018 to December 2020

Sector

Fintech