ClarityPay and Neuberger Berman Announce $1 Billion Capital Purchase Program
- Editor
- Feb 5
- 2 min read
What's Happening: ClarityPay, a consumer finance solutions provider for merchants, has secured up to $1 billion in a capital purchase program from Neuberger Berman's Specialty Finance group. This agreement aims to empower merchants with greater control over their commerce flows and provide tailored credit options for their customers.
The Key Moves:
ClarityPay's platform focuses on adaptive customer offers, full spectrum lending, and seamless scalability to maximize conversion rates and approval rates for merchants.
The program furthers Neuberger Berman's position in asset-based lending strategies, reflecting confidence in ClarityPay's potential to deliver high-quality financial products.
ClarityPay's model streamlines operations across in-person and online sales channels, offering merchants an all-in-one solution or augmenting existing financing options.
By The Numbers :
Up to $1 billion in capital purchase program secured by ClarityPay
Neuberger Berman manages $508 billion in assets across various portfolios
ClarityPay offers instant decisions and configurable suite of offers for customers from sub-prime to super-prime
Key Quotes:
"We empower merchants to take full control of their commerce flows by providing capital to serve more of their clientele and elevate their brand," says Houman Motaharian, CEO and founder of ClarityPay.
"We are incredibly excited to deepen our relationship with ClarityPay," states Peter Sterling, Head of Neuberger Berman's Specialty Finance team.
"Our ability to immediately activate this investment is made possible by our unique set of partners," adds Houman Motaharian.
The Bottom Line: The $1 billion capital purchase program between ClarityPay and Neuberger Berman represents a significant investment in innovative consumer finance solutions. By focusing on merchant-first strategies and adaptive customer offers, ClarityPay aims to transform how businesses approach customer financing, potentially reshaping the landscape of point-of-sale lending.
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