‘Amazon for the under-served’ BNPL marketplace ready to list

A new buy now, pay later e-commerce marketplace is headed for the stock exchange, but unlike rivals, it is purposefully aiming to reach those who would fail a credit check or standard risk assessment. Inspired by his teenage years growing up in the Arizona desert, experiencing homelessness and living in caravan parks with a disabled mother, Zebit chief executive Marc Schneider is creating the “Amazon of the under-served”.

“Having been the customer he is now servicing, Mr. Schneider said he was determined to come up with a solution to help people get the goods and services they needed, without having to resort to the likes of payday lenders.”

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