QuickPe — BNPL
Device finance for daily-income earners. Rent-to-own and instalments, built for people who don't have a formal credit history.
QuickPe is a buy-now-pay-later platform offering device finance — rent-to-own and instalment plans — for daily-income earners who don't have a formal credit history and are locked out of traditional lending.
The problem
Conventional credit scoring excludes people paid daily or in cash, even when they have a consistent ability to pay. Existing BNPL products assume a credit file, a bank-linked card, or a salaried income — none of which fit this segment.
Our approach
We built an alternative underwriting model using device usage, repayment history and cash-flow signals instead of a credit bureau file, paired with a mobile-first repayment flow and device-lock enforcement to keep default risk manageable at this end of the market.
Highlights
- Alternative underwriting for customers with no formal credit history
- Rent-to-own and fixed-instalment plans on a single platform
- Mobile-first onboarding and repayment, built for low-bandwidth conditions
- Device-lock enforcement to manage default risk
Outcome
QuickPe gives daily-income earners a path to device ownership that traditional lenders won't extend, while giving the business a risk model built for exactly this customer base rather than a repurposed bank scorecard.