Bidmii & Humm launch embedded finance product, Get it Done, Pay Later

Insurance
30/03/2023 News

Bidmii, a Toronto-based tech start-up revolutionising the home improvement industry, announced the launch of its new embedded financial product, Get it Done, Pay Later. This innovative product is a combination of Humm Group's consumer financing program and Bidmii's payment protection platform.

Digital Reinvention
20/03/2023 Interview

Amazon Insurance Store: Exceeding customers' expectations

Homeowners can now access a fast and easy financing option for their home improvement projects with Get it Done, Pay Later on the Bidmii platform. This product has been developed to make renovations of up to $30,000 easier and more attainable. It includes features such as affordable payment plans with no hidden fees and an easy application process, where customers can apply on their own device and receive an application decision on the spot.

"We are thrilled to partner and collaborate with Humm Group on this exciting new venture," said Jon Christensen, CEO of Bidmii. "When we started to explore an embedded financing solution, it was clear that legacy financing and HELOC's were stuck in the past. In Humm, we found a partner who was willing to help us fill that gap in the market."

Tim Moulton, Canadian Country Head of Humm Group, expressed his enthusiasm: "At Humm Group, we are passionate about giving customers flexible payment options that allow purchasing products and services more affordable and convenient. Bidmii's payment protection service is remarkable in its own right. We believe that our combined solution, Get it Done, Pay Later, will be a game changer in the home improvement industry."

Get it Done, Pay Later is just one more way that Bidmii is revolutionising the home improvement industry and making it easier than ever for homeowners to find contractors and invest in their homes.

Related news & insights

Insurance
17/04/2024 Interview

Allianz Partners takes top prize for MAvalue app at Qorus Reinvention Awards – Europe 2024

Last month at the Qorus Reinvention Awards – Europe 2024, Allianz Partners won the Operational Efficiency gold award for MAvalue,...

Insurance
15/04/2024 News

Lemonade expands homeowners insurance offering in France

Lemonade, the digital insurance company, has expanded its offerings in France by introducing Homeowners insurance in partnership with BNP Paribas...

Insurance
15/04/2024 News

Allianz Partners introduces instant online chat for HCF travel insurance customers

This pioneering service furnishes HCF members with real-time support for their travel queries, broadening the avenues through which customers can...

Insurance
15/04/2024 News

MetLife Pet Insurance partners with the Association of Animal Welfare Advancement

MetLife Pet Insurance and the Association of Animal Welfare Advancement (AAWA) have joined forces to address pet owners' challenges in...

Digital Reinvention
14/04/2024 News

NAB app streamlines online shopping with PayPal integration

This pioneering feature, a first in Australia, enables NAB users to effortlessly add and manage their preferred payment cards directly...

Digital Reinvention
13/04/2024 News

UK property market leaders collaborate to revolutionize home buying

Lloyds Banking Group, Nationwide, NatWest, and Rightmove have united in a strategic investment in Coadjute, a London-based property technology firm....

Embedded Insurance
12/04/2024 Video

Empowering green mobility: Laka's vision for sustainable insurance with embedded solutions

Tobias Taupitz, the CEO and Co-Founder of Laka, drives his company's aspiration to become the world's leading green mobility partner....

Digital Reinvention
10/04/2024 Article

7 lessons learnt from the Indian market

What do young fintech startups need to know to avoid unpleasant surprises after entering this promising market? Having launched an...