Case Study: Kontempo expands BNPL for wholesalers across Mexico with Rapyd
Key results
The challenge
Kontempo offers a buy-now-pay-later solution for wholesalers in Mexico, paying suppliers at the time of sale and collecting payments from buyers over time. Delivering this required infrastructure to disburse and collect funds throughout Mexico, reconcile and track mass payments, and manage risk across many daily loans and payments.
The solution
Kontempo built its BNPL platform on Rapyd Collect, Rapyd Disburse and Rapyd Wallet to disburse and collect via debit cards, bank transfers and cash, and to reconcile and track mass payments quickly. Rapyd's expertise in payment reconciliation helped Kontempo manage a large number of daily loans and payments and accelerate expansion.
“Rapyd is an amazing partner. Their flexible system allows us to disburse and collect in the most commonly used channels in Mexico — bank transfers, cash and debit cards.”
MMMatthew MeehanCEO & Co-Founder, Kontempo
The results, in context
Kontempo reduced risk and grew sales for wholesale businesses across Mexico, enabling 100,000+ small-business buyers to buy on credit through 32+ merchant partners and covering 32+ states across the entire country.