New York based omnichannel lease-to-own payment option for online and in-store shopping Zibby has raised $13.5m in an undisclosed funding round led by CURO and MissionOG. Zibby is a consumer leasing platform for online, brick and mortar and omnichannel retailers.
The company, which has raised more than $150m in total capital to date, intends to use the funds to further expand its presence among retailers to offer non-prime and near-prime customers a monthly payment option for furniture, appliances, electronics and other consumer durables. Customers can apply in 30 seconds in-store or via the Zibby button on a retailer’s website and be approved for $300 to $3,500. Zibby increases retailer sales by providing a fast lease payment option for nonprime consumers seeking to acquire furniture, appliances, electronics, and other consumer durables. Today, Zibby is available at more than 330 retailers in 46 states.