Will the well-known fintech disappear from Poland? What about 12 million customers?
As reported by Cashless, the Mokka deferred payment solution available in many Polish stores has stopped working and its parent company has been removed from the register of lending institutions kept by the Polish Financial Supervision Authority. Does this mean problems for local sellers, e-shops and their customers? A Polish company declares help.
At the beginning of the year, the Polish Financial Supervision Authority assessed the entities entered in the Register of lending institutions and removed those that did not meet the appropriate conditions.
Today – according to the industry portal Cashless – we learn that the fintech originating from Russia has stopped providing financing altogether. This means that Polish stores that are among the company’s partners lose the opportunity to sell using the Buy now – pay later solution. On its website, Mokka boasts of cooperation with approximately 50 Polish stores and 12 million customers in Central and Eastern Europe.
Immediate response from Comfino: implementation in 1 day
According to the report “Instalment and deferred payments 2023/24”, 9 out of 10 Poles have heard about deferred payments, and half used them last year. – We realize how important the ability to use many methods of financing the purchase is to complement the offer of every store. Therefore, we will treat with great priority all Polish companies that have cooperated with Mokka and now decide to implement deferred purchases with us in their stores – declares Paweł Szukalski, member of the management board of Comperia.pl SA responsible for the development of Comfino.pl.
Comfino is a payment solution for e-commerce and stationary points. It matches the user’s shopping needs with the most appropriate payment methods for a product or service in an online and stationary store: deferred payment, installments for individual customers and financing for companies (installments and BNPL). The funds are provided by several banks and international fintechs. Comfino also allows payments with Blik.
– We have created a special team that will be responsible for this type of implementation. Taking into account its professionalism and ready-to-use modules, our goal is to implement purchases from the partner within 24 hours of signing the contract – says Paweł Szukalski from Comfino.
Polish fintech for Polish e-commerce
Comfino is part of the Comperia.pl SA Group. It is a fintech operating since 2007, whose mission is to provide tailored financial and insurance solutions. Since 2011, the company has been listed on the Warsaw Stock Exchange. Winner of numerous prestigious awards, including Deloitte Technology Fast 50. Every year he takes part in conferences and industry meetings where you can meet Comfino representatives (soon on April 11 at the e-Commerce Fair in Warsaw).
Last month, Comfino prepared the report “Instalment and deferred payments 2023/24”, which was very well received in the Polish e-commerce environment. It was held under the patronage of the Chamber of Electronic Commerce, and among the experts there was also a respected group of experts: Danuta Czapeczko (PragmaGO), Tomasz Malski (e-Izba), Ewelina Orzechowska (Twisto), Mateusz Stach (Santander Consumer Bank), and Rafał Pasieka (Comperia.pl).
Self-promotional material. Telepolis.pl is part of the Comperia.pl SA Group
