Altrincham-based Fintech firm PayBreak has secured an additional £15m of funding with specialist banking group Paragon to fuel its growth plans.
PayBreak specialises in digital point of sale finance through online retailers, allowing customers to spread the cost of payments through its afforditNOW lending platform.
The firm, which has seen extensive growth in recent years, uses advanced analytics, flexible finance solutions and technology to enable real-time lending decisions at the point of sale. Clients include health and life insurance firm Vitality.
