Spreddit

Spreddit enables online shoppers to pay in 3 or 5 monthly instalments through their debit card. Our service is offered for free to customers (no interest or fees). We take a commission from retailers instead. Target markets: # Products: fashion, lifestyle, medium-luxury and baby products online # Customer base: 18-45 yr old female in 3 sub-groups (students, young professionals, mums) with a prime credit profile who would like to live an aspirational lifestyle: i) but are pulled back due to their overly sensible finance management; or ii) despite being on a stretched budget are good payers with above UK national average income; or iii) who already live an aspirational lifestyle but see us as a savvier way to manage their finances without an incremental admin burden.