Logo :
Project owner's name :
Mr Hachicha Mahmoud
Mr Hachicha Mahmoud
Country of deployment for the project :
Tunisia
Tunisia
Sector :
Other
Other
What problem does your company want to solve? :
A lot of people are struggling to cover for their basic needs or pay for urgent expenses and might not have the necessary funds at the exact time they need it. Credit is not often an option for them.
A lot of people are struggling to cover for their basic needs or pay for urgent expenses and might not have the necessary funds at the exact time they need it. Credit is not often an option for them.
What solution does your company provide? :
Karni aims to resolve this issue by providing this population with a Buy Now Pay Later solution where they can digitally and instantaneously get access to funds to pay for their basic needs.
Karni aims to resolve this issue by providing this population with a Buy Now Pay Later solution where they can digitally and instantaneously get access to funds to pay for their basic needs.
Describe your project :
Karni is a Buy Now Pay Later solution for customers that might not have the necessary funds at the exact time they need it to cover for their basic needs or pay for urgent expenses. Karni is working with a large number of merchants including retailers, telcos, e-commerce and marketplaces, insurances... to offer our solution as an alternative payment channel to consumers. Karni includes an innovative and AI powered scoring engine that instantaneously assesses the risk and validates whether or not the funds requested from the customer. Karni allows those customers to make purchases online or in brick and mortar stores and pay in 4 installments over 6 weeks, interest free. Karni earns money by charging merchants a commission as compensation for the lead conversion. In addition, Karni offers a subscription model for customers interested in a higher number or higher value of Karni vouchers. A Freemium version is also available. Karni also aims to be a precious financial behavior insight for the unbanked and underbanked as that segment of the population is one of our main targets.
Karni is a Buy Now Pay Later solution for customers that might not have the necessary funds at the exact time they need it to cover for their basic needs or pay for urgent expenses. Karni is working with a large number of merchants including retailers, telcos, e-commerce and marketplaces, insurances... to offer our solution as an alternative payment channel to consumers. Karni includes an innovative and AI powered scoring engine that instantaneously assesses the risk and validates whether or not the funds requested from the customer. Karni allows those customers to make purchases online or in brick and mortar stores and pay in 4 installments over 6 weeks, interest free. Karni earns money by charging merchants a commission as compensation for the lead conversion. In addition, Karni offers a subscription model for customers interested in a higher number or higher value of Karni vouchers. A Freemium version is also available. Karni also aims to be a precious financial behavior insight for the unbanked and underbanked as that segment of the population is one of our main targets.