Modena is a fintech company operating in Estonia that offers smart payment solutions and flexible financing. It connects merchants and consumers with seamless buy now, pay later (BNPL) integrations and traditional credit products in a fully digital, user-friendly ecosystem.
1. BNPL and checkout solutions (B2C)
Modena’s strength lies in financial tools embedded in e-commerce and retail stores, designed to increase conversion and average basket size.
- Pay in 3 (Split Pay). Customers can split a purchase into three equal monthly payments. It is usually interest- and fee-free for the consumer, making it a strong alternative to a credit card.
- Pay later (30 days). Often marketed as “Click & Try” – customers order the goods, receive them and pay only 30 days later. Well suited to fashion and home furnishings, where customers want to check the quality before committing to the purchase.
- Modena hire purchase. For larger purchases (electronics, furniture, etc.), Modena offers financing for up to 48 months with an instant credit decision right at the point of sale.
2. Consumer lending products
In addition to checkout solutions, Modena offers financial services directly to consumers on its own online platform.
- Credit line. A flexible “digital wallet” with a limit of up to €5,000. Users pay interest only on the amount actually drawn, providing a safety net for unexpected expenses.
- Small loans and refinancing. Fixed-term loans for personal plans or for consolidating existing high-interest debts into a single, more affordable monthly payment.
3. Business solutions (B2B)
Modena supports the growth of small and medium-sized businesses with fast, data-driven credit products.
- Business loans. Fast financing of up to €50,000 for inventory, equipment or working capital.
- Merchant portal. A dedicated dashboard where retailers can track BNPL performance, manage returns and analyse customer behaviour in real time.
4. Investment opportunity: Modena Capital
What sets Modena apart is its integrated investment platform, which allows both retail and institutional investors to earn returns by funding the loan portfolio.
- Target return. Investors can earn up to 11% per year.
- Safeguards. Most investments are protected by a 60-day buyback guarantee, which reduces investor risk.
Why does Modena stand out?
- Speed. Modena’s own credit scoring algorithm delivers a decision in seconds.
- Regulatory status. Modena holds a creditor’s licence from the Estonian Financial Supervision Authority (Finantsinspektsioon), ensuring high standards of transparency and consumer protection.
- Seamless integration. Modena’s API lets merchants add multiple payment options to their webshop with minimal technical effort.
In short: Modena is the Baltic answer to Klarna – a complete toolkit that makes shopping, selling and borrowing more flexible and accessible in the digital age.
- A frictionless lending experience with near-instant credit decisions.
- Greater accuracy in credit scoring, reducing risk compared with external solutions.
- A trustworthy, user-friendly interface that strengthened customer confidence.
- Agility in product development, allowing Modena to respond faster to market needs.