According to TechCrunch, the company, which began life focused on P2P payments for marketplace transactions, is now doubling down on the durables sector for both online and offline commerce. Backing Zaver’s new round are VCs Inbox Capital and Inventure. Other investors include Fredrik Österberg (founder of Evolution Gaming), Magnus Rausing (angel investor), Joen Bonnier (partner at Atomico), and Fabian Hielte, Max Hobohm and Johannes Hobohm.
Furthermore, Zaver wants to accelerate the move away from plastic cards, to mobile payments. Its payments functionalities and features include online and offline cardless payments powered by open banking, instant payouts for merchants, BNPL, and credit scoring.
Overall, the company's officials stated that what makes Zaver different is its focus on the shift to mobile payments in a sector with low margin sales, and high average transaction values. Therefore, by focusing on new customer behaviours (such as BNPL, direct debit, instalments at point-of-sale) and real time settlements, they can offer the same payment experience online and offline.
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