Tuesday, August 3, 2021

1st Black-Owned Tech Firm to Offer 'Buy Now Pay Later' Services

1st Black-Owned Tech Firm to Offer 'Buy Now Pay Later' Services

Meet the founders of Novae LLC, the first Black-owned fintech company to offer Buy Now, Pay Later services to online and offline merchants under the brand Novae Financing. CEO Reco McCambry believes that these services — which are designed to fight inequality faced by minority entrepreneurs by drastically increasing sales for these partner merchants — are the first of their kind.

The volume of sales made using Buy Now, Pay Later technology — also known as BNPL — has been growing exponentially in recent years. BNPL allows customers to make purchases and pay them off over time with little to no money up-front. Importantly, some BNPL offers installment payments without interest and pre-qualification for these installment payments without hard credit inquiries, which can hurt a consumers’ credit score.

Even better for retailers, BNPL giant Klarna reports that when businesses add a Buy Now, Pay Later option to their online store, customers are 35% more likely to make a purchase and spend on average 45% more. The lower up-front price encourages customers to make purchases now that they might otherwise save for later — which every online retailer knows may spell a death knell for the sale. When customers feel compelled to wait until they have more money to pay up-front, they are much more likely to forget the purchase entirely or buy from a competitor.

Monday, August 2, 2021

Discover How Grant Bae Is Helping Black Entrepreneurs Get Millions In Non-Traditional Funding

Shonna Williams helps her clients apply for and secure small business
funding opportunities ranging from $25K to $250K

Meet Shonna Williams, better known as the Grant Bae. For the past 8 years, she’s been serving small businesses and entrepreneurs nationwide who might not qualify for traditional funding.

Instead, Shonna has freed the slaves, parted the waters, and opened the floodgates to the non-traditional funding that many entrepreneurs seem to be unaware of. In fact, entrepreneurs are so unaware that they left $1.7 billion dollars in grant opportunities on the table last year.

Shonna's company has helped over 7,000 of her clients to earn over $40 million in non-government grants during the past 10 months and over $25 million in the past 90 days alone. She has been mastering this gift for the past 8 years and even offers a money-back guarantee for her services.