AND nata HeyLight. It’s a new one international platform Of Buy Now Pay Later (Bnpl) which integrates Payment and credit solutions and which allows for pay off purchases in installments both in physical stores and e-commerce. The announcement was made by Compassthe consumer credit company of Mediobanca Group. As stated in a note, this is a further step in the evolutionary path started in 2021 with the PagoLight payment deferral and progressively enriched with the latest generation technological assets and digital skills of the fintechs Soisy and HeidiPay, acquired in 2023.
Il player HeyLight
HeyLight is a Payment solutions aggregator and of consumer creditall characterized by full-digital and real-time processes, which allow for installment payments for purchases both in physical stores and e-commerce: from payment deferrals to digital financing and, soon, the offer will also be enriched with a virtual credit card.
By integrating the credit assessment skills developed by Compass in over 60 years of experience in consumer credit with cutting-edge digital technologies, HeyLight allows Compass to continue its growth strategy in the Bnpl sector. In particular, with HeyLight it is possible operate on higher amounts and durations compared to the market averageexpanding usage opportunities for both customers and merchants.
Agreements already in place
HeyLight can already count on a base of trade agreements in Italy, with over 1,000 digital stores and more than 26 thousand points of sale: a growing network, with a track record of almost 1,000 new activations every month. To these are added over 500 trade agreements in Switzerland with major distributors, luxury brands and technology operators, who have laid the foundations for the development of an international offering tailored to multi-country merchants.
In line with the Mediobanca Group’s 2026 Strategic Plan “One Brand One Culture”, the initiative allows Compass to strengthen its leadership in consumer credit within the domestic market, as well as create an international brand to access new markets and customer targets. The starting point for international growth will be Switzerland, where Compass benefits from the acquisition of HeidiPay Switzerland AG.
The objectives
“With HeyLight we are entering a new phase in the development of our offer, which has the ambition to support the commercial development of our partners at an international level, redefining the approach to credit services for consumers – states Nicholas of Cesare, senior director E-Commerce & International Markets di HeyLight -. Compass’s risk management tools, from which PagoLight was born, have achieved full integration with the digital soul of Soisy and the international vision of HeidiPay, in a path that has consolidated our ability to be at the forefront of innovation. The HeyLight brand will allow us to expand growth alongside retailers who operate with physical stores and in e-commerce, even in foreign markets, continuing to offer distinctive solutions for the value they offer to businesses and consumers”.
“Making the journey agile and enjoyableshopping experience This is the objective from which the HeyLight platform and brand were born, a mission that we also wanted to represent through this new logo – he comments Louis Peace, Central Director of Marketing and Financial Partnerships at Compass -. The new brand draws strength from the desire to develop the new frontiers of credit alongside merchants and their customers. Thanks to a fully digital service modelwhich combines simplicity and flexibility in the provision of credit, HeyLight is the ideal ally for consumers in any purchasing choice”.
Tags: Mediobanca Group, HeyLight