"By leveraging a range of potential lenders, ChargeAfter has already proven successful in increasing acceptance rates," said Jay Reinemann, partner at Propel Venture Partners. "ChargeAfter aligns with our worldview of expanding financial access and building new technology infrastructure. By creating this layer - a distribution system that neither banks nor retailers could build on their own - ChargeAfter is doing for credit what the large card networks once did for transactions."

https://www.prnewswire.com/il/news-releases/chargeafter-raises-8-million-in-series-a-funding-to-expand-its-multi-lender-point-of-sale-financing-platform-300858061.html