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Tua Financial Technologies

Canada, Toronto
Market: Financial services
Stage of the project: Operating business

Date of last change: 15.11.2023
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equalizer from 2000
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Idea

Tua helps the 129 million Americans that struggle with out of-pocket costs to pay for essential services thru POS payment solutions 1/3 more affordable than credit cards.

Current Status

Tua currently is live at 250 merchants across all 50 states and is experiencing 25% MOM merchant growth.

Problem or Opportunity

US Consumers spend $396 billion in out of pocket expenses on dental, auto services, vision care and animal care services. They experience limited financing options, processing loans is inefficient and expensive and credit cards charge high interest rates.

Solution (product or service)

TuaPay is an integrated merchant platform that provides Affordable (30% less than traditional credit cards), Transparent (no hidden fees) and Efficient (approved in seconds) embedded payments solutions.

Business model

Tua applies a transcation fee to the merchant and collects interest on every loan. All services are accessed at the POS of the service provider and a prequalification option is available
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