Snappi plans new partnership with a company in the transport sector

Snappi is preparing a new collaboration in the transport sector, aiming to reward its users a few months after its official launch.

According to sources, Snappi is preparing to announce a new collaboration in the transportation sector for those who pay with Snappi in the form of a welcome bonus by the end of January or early February.

“We focus more on loyalty programs. That is, we create a partnership providing a welcome bonus,” the source from neobank said.

Snappi has already invested in strategic synergies with major brands, such as Vodafone, AB Vassilopoulos and Public, offering additional value to its customers in every transaction and making their everyday lives easier.

Customer base target

The company recently announced that it is growing at an extremely fast pace, having already surpassed 50,000 users. This performance ranks it in second place among European neobanks based on the number of customers it attracted in its first four months of operation. Globally, it is even in the top 10% of the respective ranking.

The three-year goal for Snappi to reach 1 million customers, which, as sources from the neobank pointed out, is a fairly critical goal and there is “still a long way to go.” However, it is not ruled out that it will soon approach 100 thousand users.

New products

The direct consumer loan of up to 1000 euros, which was launched on December 23, is slowly coming to an end. With Snappi Pay Later, users can acquire the goods they want today and pay for them later, in 4 interest-free installments without a card, while with Cash Now 2-1-0 they have immediate access to amounts of up to 1,000 euros. The application is completed in less than 2 minutes, with an immediate decision in less than 10 seconds and without any human intervention.

The product has not been promoted, as the company wanted to first see if everything works correctly in the application, such as the payment of the first monthly installments of the loan, which is very critical. Further promotion of the product is expected to begin in February, according to sources. This loan is interest-free, and only in the event that the installment is not paid by the user, a 3.0-euro charge will be imposed for each installment, while if he repays the entire loan within the first 30 days, he gets 70% of the fee back.