Creating the next wave in money: Pay later startups!

Startups are now enabling the customers to experience services and pay at a later date. Several fintech startups have now come with this unique credit offering where the customer can go ahead and buy a service or a product and pay later. This is proving to be a boon to the young customers who usually don’t have immediate monetary sources to pay the bills. Here is a quick look at few of such startups.


“SlicePay is a digital payment platform which was founded with a mission to simplify payments for the young. With changing times, we strive to make payments smarter and simpler. We as ex-college students saw our current payment channels to be lengthy and often inaccessible, especially for students, who do not enjoy as much financial freedom.

We plan to build on it, a simplified, easy to understand the process that empowers students with Flexible Payment Option which they can use for their everyday payments without having to worry about cash up front.”


“The risk associated with the transactions are different but you face the same tedious procedures. Micro transactions see transaction drops due to multiple hops from merchant to aggregator to bank/card gateway and back. At the PayU , we wanted to solve the problem of convenience for small value transactions. That’s why LazyPay was conceptualised and developed!

We at PayU put you, the consumer and your needs at the centre of every product we build here. Our team’s collective backgrounds are from the worlds of technology, user experience, payments, and banking.

PayU India is the flagship company of Naspers group which is a $25 Billion internet and media conglomerate listed on London and Johannesburg stock exchanges respectively. PayU provides state-of-the-art payment gateway solutions to online businesses through its cutting-edge and award-winning technology.”


“Our mission is to make money simple.

In order to do so, we’re building a financial platform built on mutual trust, powered by intelligent algorithms, sound engineering and an effortless user experience.

Our team is diverse, with people who’ve worked in companies like Goldman Sachs, Thomson Reuters, Mu Sigma, Housing and Publicis.

Simpl was co-founded by Nitya Sharma and Chaitra Chidanand in Mumbai, India.”


“Founded in December of 2015 and based in Mumbai, India, ePaylater is a payment solution that enables a “Buy now. Pay later” product for frequent online purchasers with a credit term of 14 days.

This not only removes the hassle of entering credit card details repeatedly but also allows consumers to buy items in bulk and settle they payment when they have time on their hands.

Since our launch, we have been working on expanding our product reach and becoming a key player in the one-click checkout space.”

These startups are not only empowering the users but also have created a trend that will allow the fintech startups to explore the niche market.

— Team SOS

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