in3, founded in 2018, offers a unique, interest-free installment payment solution tailored for the e-commerce and fintech sectors. Their compelling slogan, "Good things come in3", captures the essence of their service by allowing consumers to make purchases in three equal payments via iDEAL, with 0% interest and no hidden fees.
This innovative Dutch company, headquartered in The Netherlands, differentiates itself by ensuring responsible spending and protecting consumers from penalties associated with late payments. By covering all risks post-acceptance and advancing the full amount to retailers, in3 promotes a mutually beneficial relationship between consumers and merchants, ultimately driving more transactions and increasing average order values.
The company secured a €40.50M Series A investment in May 2022, with backing from notable investors Force Over Mass, Finch Capital, and Waterfall Asset Management. This capital infusion underscores investor confidence in in3's scalable model and growth potential within the rapidly evolving payments landscape.