Toronto, Canada
PayBright, known as Canada’s leading installment payments platform, is a key player in the E-Commerce and Fintech sectors. An affiliate of Affirm, the company has carved a prominent niche by offering consumers convenient buy now, pay later plans. Founded in 2009 and headquartered in Toronto, PayBright partners with over 10,000 retailers, including heavyweights like Apple, The Bay, Wayfair, Endy, and Browns, enabling seamless in-store and online transactions.
The company's installment plans are flexible, spanning from 4 biweekly payments for smaller purchases to up to 60 months for larger transactions, with attractive interest rates starting at 0%. Since its inception, PayBright has empowered Canadian consumers with over $3 billion in spending capacity. The most recent capital infusion was a $34 million venture round investment on 04 September 2019, led by goeasy. This financial backing highlights investor confidence and positions PayBright for continued growth.
