The Point of Sale Market: A Trillion Dollar Opportunity
Panel entitled, "The Point of Sale Market: A Trillion Dollar Opportunity." Panelists include: Brad Selby, Affirm Inc.; Brandon Wright, Zibby; Carl Bartsch, Klarna; Aaron Allred, Acima Credit; Wayne Crane, Summit Amerifirst; Moderator: Demetris Papademetriou, Middlemarch Partners. Recoded at LendIt USA 2017. Point of sale finance is not new, but it has changed significantly over time; panelists share how point of sale finance was done 40 years ago and what it looks like today; companies are working with merchants in different ways to serve their customers at the point of sale through improved user experience, buying power and saving the sale; the panel talks about how they go about pitching retailers including how point of sale can help the 100 million consumers who have FICOs of below 700, a demographic that Zibby serves; unique models represented on the panel are Acima Credit’s lease to own product and Summit Amerifirst’s product which finances home improvement loans through contractors.