Clyde raises USD 14 mln Series A to provide product warranties for ecommerce companies

Stefana Ivan

12 May 2020 / 5 Min Read

According to techcrunch.com, the company wants to help small ecommerce businesses offer product protection via its platform. Therefore, Clyde connects small retailers to insurance companies to launch and manage product protection programs. Besides, the platform has plugins with Shopify, BigCommerce, Salesforce, Magento, Woocommerce, and others.

While using the platform, customers have access to the dashboard and ecommerce apps to manage their protection programs, while seeing in real time how many contracts were sold, how much revenue total those bring and the gross profit. Moreover, they can analyse which products are most often purchased with an extended warranty contract, techcrunch.com stated.

Countries:

United States

Stefana Ivan

12 May 2020 / 5 Min Read

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

Categories

Payments

Fraud and Fincrime

Fintech

Crypto, Web3 and CBDC

Regulations

M&A and Investments

Current themes

A2A Payments

Payment Orchestration

TradFi and DeFi Convergence

KYC, KYB and Digital Identity