Shoper supports sellers with financing designed for e-commerce - Booste service now available to customers

Shoper, owner of the most popular subscription model e-commerce platform in Poland, is helping merchants gain access to fast and transparent financing to grow their businesses. The platform already offers the Booste financing service, designed with online stores in mind.

Shoper, in addition to developing e-commerce software, is consistently expanding its portfolio of value-added services that improve the running of a modern business and online sales, including innovative financial products. The financial services, implemented in cooperation with fintech partners, are designed to facilitate the growth of sellers and remove barriers to accessing flexible and tailored financing.

Booste, a fintech platform that offers revenue-based financing to e-commerce companies, joins the array of services already available to Shoper customers. It relies on the fact that repayments depend on the store's revenues and adjust to their volatility, thus not disrupting the e-business' liquidity.

"When running an online store and looking for additional funds for marketing, today one can reach for end-to-end solutions created with entrepreneurs running their own online store in mind. Such a product has been created by Booste, which offers financing on terms attractive to e-entrepreneurs. Our partnership is another argument that Shoper makes it as easy as possible to start and run sales in the online channel. We place a strong emphasis on educating sellers. Just providing an innovative service is one thing, but at Shoper we make an effort to explain the intricacies of financial products together with our partners." - comments Łukasz Piechowiak, Head of Financial Services at Shoper.

The biggest advantages of Booste financing are the simple application and full online service. Booste financing is available to store owners on the Shoper platform who have been operating an online store for at least six months and have an average monthly revenue of no less than PLN 10,000. Upon approval of the submitted application, they receive access to funds for up to 48 hours. They can use the funds raised for marketing purposes, so they no longer have to choose between a budget for goods and spending on online advertising.

"Booste financing was created to support online stores in their dynamic development. We understand the speed and dynamics of the e-commerce world and know how to succeed in it. That's why we offer a very fast, transparent and simple application process. No credit checks or personal guarantees. Thanks to our data-driven process, an applicant will receive an offer within a day, not weeks. The merchant can use the funds gained so quickly for the dynamic development of his e-store." - explains Michael Kacprzak, CEO and co-founder of Booste.

The partnership with Booste is another - after the previously announced Gross and Uncapped financing services, as well as cooperation in the area of installment payments with Inbank - functionality for customers of the Shoper platform, helping them to gain additional funds to conduct e-commerce. In addition, in the first quarter of 2022, Shoper customers gained dozens of new functionalities and services, among them Shoper Connect - a service to support in-store services, Shoper Shipments - for more convenient management of deliveries, or TikTok Ads - an advertising service in the popular social media application.

Shoper also developed tools and integrations to support omnichannel sales. In Q1 2022, it partnered with the popular Shopee platform, and in May it invested in the Selium agency, strengthening its omnichannel and international sales service offerings. He also acquired a controlling stake in SEMPIRE, a leading agency specializing in search engine positioning of online stores and implementation of advertising campaigns for the e-commerce industry.

For more information on Booste financing, visit this page.