In brief: Hoolah raises seed funding to help online retailers offer installments

Singapore-based fintech startup Hoolah has completed a seven-figure seed raise, led by AccelerAsia Ventures and Aletra Capital Partners. Joining the round was iGlobe Partners and a number of high profile angel investors.

Hoolah solves some of the most critical issues that retailers face: conversion and cart abandonment. It allows consumers to check out seamlessly and pay in four installments over two months with zero interest.

Retailers benefit with increased revenues, enhanced loyalty, and a quicker stock cycle.

Source: Hoolah’s press release