FinovateSpring 2017 / INSTO
Presenter Profile:
How they describe themselves: INSTO employs 15 passionate team members across the US and in Taipei, Taiwan. Our tireless team is forging partnerships with banks all over the world to broaden the reach of our novel service. Additionally, we have been reaching out to the community to help other startups and small businesses make their products and services more affordable with INSTO. Early adopters, especially independent merchants and small businesses, have jumped at the ability to offer installment plans with minimal setup or upkeep. Our goal is to bring installment financing to anyone and everyone with our unique payment technology.
How they describe their product/innovation: INSTO is the world’s first app that lets anyone pay or bill in installments. INSTO enables interest-free installment plans by facilitating the setup of fully customizable plans and automating the resulting payments. An optional premium guarantee protects against buyer defaults. Buyers and sellers use the same app, and anyone can buy or sell. INSTO is the only platform that enables true P2P installment financing.
Additionally, INSTO is the easiest way to schedule automatic payments for recurring services. Use INSTO for piano lessons, rent, and everything in between.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contact
Press: Rosanna Hsu, Marketing Lead, rosanna@ins.to, 415-900-6179
