OrientSwiss S.A.

OrientSwiss S. A. operates ZOOD Mall, a 'Buy Now Pay Later' marketplace that connects consumers with a wide variety of products from local and international sellers, offering flexible payment solutions to enhance the shopping experience. OrientSwiss S.

A. was founded in 2018 and is headquartered in Lausanne, Switzerland. The company operates ZOOD Mall, a marketplace that facilitates consumer access to products through innovative payment options. As of June 2023, OrientSwiss S.

A. raised USD 38. 000 mn in Series B funding from investors including Sturgeon Capital and Zain Group, bringing the total amount raised to USD 38. 000 mn.

The company has completed a total of 3 deals since its inception. ZOOD Mall operates as a 'Buy Now Pay Later' marketplace, primarily offering a diverse range of products from both local and international sellers. The platform provides access to millions of items, including electronics, home appliances, beauty products, toys, and automotive supplies. Customers can utilize ZOOD Pay for installment plans of 4, 6, or 12 months, or choose a 'Pay After Delivery' option, allowing repayment within 14 days post-delivery without interest.

This service targets tech-savvy and budget-conscious consumers across various geographical markets, particularly in emerging economies where financing access is crucial for purchasing. Revenue generation for ZOOD Mall occurs primarily through transactional fees associated with the 'Buy Now Pay Later' model. When consumers finance their purchases using ZOOD Pay, the company earns a percentage of the sale from merchants for facilitating these payment plans. This model supports both B2C and B2B transactions, attracting over 30,000 merchants who benefit from increased sales driven by flexible payment options.

ZOOD Mall maintains a transparent pricing structure with no hidden fees and interest-free repayment plans, fostering customer trust and encouraging repeat business. In June 2023, OrientSwiss S. A. announced plans to expand its operations into Uzbekistan, utilizing the recently raised funding from Uzbek Oman Investment Company to reach new customers and develop additional products and services.

The company aims to leverage its innovative marketplace model to tap into the growing demand for flexible payment solutions in this new market.