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ShareGro
Information by Research TrustFinance
ShareGro, Inc. is a payment platform designed to facilitate social group payments for e-commerce and retail. Its core service allows a single shopper to invite friends to split the cost of a purchase directly at checkout, with each person paying their share over time. ShareGro pays the merchant in full upfront, assuming the repayment risk. This "Buy Now, Pay Later" (BNPL) model for groups aims to increase conversion rates and average order values for merchants by removing the payment friction associated with group purchases for items like travel, tickets, and gifts. The company was part of the 2018 Barclays Accelerator powered by Techstars in New York City.
United States
Industry
Financial