Malta
Vnoska offers a compelling financial solution through its innovative interest-free installment card, appealing to both consumers and businesses alike. Established in 2018 and headquartered in Malta, Vnoska operates in the dynamic sectors of Financial Services, Fintech, Marketing, CRM, and Sales. The company allows consumers to make purchases without incurring additional costs over a period of up to 12 months, thus revolutionizing the way people perceive financing by eliminating interest and down payment prerequisites.
From a business standpoint, Vnoska enhances customer attraction and retention by integrating seamlessly with partner stores. The card encourages higher sales turnovers and an increase in the average purchase value by promoting spontaneous and emotional buying. Upon transactions, stores receive the full payment immediately, while the deferred installments are managed between the customer and the bank, providing a risk-free financial model for merchants.
In its latest funding round on 21 January 2022, Vnoska secured a €400.00K Seed Round investment, underscoring investor confidence in its business model. Despite not disclosing specific investors, Vnoska’s growth trajectory highlights its potential as a transformative player in the financial services and fintech realms, offering unique marketing and CRM advantages through its accompanying app, which facilitates user engagement and personalized offers.
