The Making Of A Digital Subprime Marketplace

In a new PYMNTS interview, Karen Webster spoke with Marc Schneider, CEO and Co-founder at Zebit, an digital marketplace that strives to win the loyalty of consumers who carry relatively high credit risks, and do so without charging interest or membership fees.

Zebit offers “true zero percent financing to a mass audience,” and does so via a debit-based proprietary payment system that rests on an analysis of consumer data to determine their risk of default. People who register with Zebit can gain access to a $2,500 line of funds, have six months to pay off their purchases and keep buying as long as they stay up to date with their payments.


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