Overview

Buy Now Pay Later is a point-of-sale zero-fee financing product powered by an Onbo amortized loan. By partnering with Onbo, you can own the loan application and servicing UX, while Onbo acts as the True Lender and Servicer under the hood.

How it works

Origination: you collect information about the applicant while leveraging our licenses to originate the loan
Underwriting: deploy your own underwriting model, or we can help you get started. we automate credit pull, KYC/KYB and GIACT via our API for seamless integration
Disbursement: upon acceptance, Onbo disburses the loan proceeds to the merchant
Servicing: you own the payment setup UX. Just use our Repayments API to initiate repayments on the loan
Reporting: we can report to all three bureaus on your behalf