Skeps

Skeps provides a specialized microservices platform that embeds banking services directly into the digital and physical sales environments of merchants, including websites and retail stores. The platform is tailored to serve industries such as home improvement, retail, telecom, travel & hospitality, and health & wellness. It features a lending gateway that connects customers to financial solutions, significantly influencing the basket size and facilitating the purchase of high-value products and services. Skeps utilizes patented technology to securely and instantly match customers with the most suitable financing offer from a network that includes three top national banks, three credit unions, and five leading fintech companies. The company reports that merchants typically experience a 30% increase in sales conversions and a 25% increase in average order value after integrating Skeps’ solutions. The platform is designed to reduce purchase friction and tailor financing options for high-value purchases, thereby aiming to decrease the cost of customer acquisition and enhance the lifetime value of customers.