New York, United States
Deferit, founded in 2017 in Sydney, Australia and headquartered in New York, USA, operates within the Fintech and Payments industries. The platform is a financial empowerment tool primarily serving the US and Australian markets, with a mission articulated as "Pay your bills in 4. No interest. No late fees."
The company has provided over $1B in payments for more than 800,000 users, saving them over $75 million in late fees. By enabling users to convert expenses into four manageable installments without interest or penalties, Deferit alleviates the reliance on credit cards and inflexible hardship programs. This clear consumer-centric model addresses significant pain points in bill management.
In its latest funding effort, Deferit received a $12.40M Series A investment as of August 30, 2022. This strategic financial boost further enhances its capacity to innovate in financial wellness, including credit history building, and optimizing bill payments, constantly aligning with customer interests.
