Cresh

About Cresh

Cresh, a Paris-based financial technology company, was established in 2017 by its founder, Matthieu Girard. The firm operates within the point-of-sale financing sector, offering a platform that enables consumers to purchase items and pay for them over time through monthly installments.

The company's core offering is an omnichannel solution that functions both in-store and via telesales, allowing users to split payments for their purchases. Beyond facilitating installment payments, the platform provides users with tools to track their transactions. It also features alerts for price changes and discounts, adding a layer of financial management for its users.

Cresh targets consumers seeking more flexible payment options at the point of purchase. Its business model centers on providing a transparent and straightforward payment deferral system. Revenue is generated within this financing framework, positioning the company in a competitive market alongside major players like Klarna and Square. As a privately held, venture-backed entity, Cresh has secured funding to support its operations and growth. In a significant funding event, the company raised $2.05 million in a Later Stage VC round on March 1, 2022, with investors including Broad Creek Capital and Kinderhook Partners.