LM PAY S.A. Ventures into Insurance with CUK Flex Pay

On June 25, 2024, LM PAY S.A., a leader in bank-independent financing based in Warsaw, Poland, announced a partnership with CUK Ubezpieczenia. This collaboration introduces CUK Flex Pay, an InsurTech solution allowing clients to finance insurance policies with flexible payment options, ranging from deferral to instalments.

With a loan range of PLN 200 to PLN 5,000, CUK Flex Pay aims to ease the financial burden of upfront insurance payments. Offering a broad spectrum of insurance products, CUK enhances its customer service through this new financial tool.

LM PAY's cutting-edge technology and real-time credit assessment negate the need for external financial institutions. The company extends its reach beyond its traditional health and beauty financing sector, marking a significant step in financial innovation and inclusion.