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Partnership Implements Credova Technology into PublicSquare Marketplace and Expands Second Amendment Access for Consumers
First Step in Building the Uncancellable Payment Ecosystem for the Parallel Economy
PSQ Holdings, Inc. (NYSE:PSQH) ("PublicSquare," "the Company"), a leading marketplace of patriotic businesses and consumers, and Credova Inc. ("Credova"), a point-of-sale financing platform providing Buy Now Pay Later (BNPL) solutions catered to the outdoor recreation and firearms industries, today announced they have agreed to a partnership that will implement Credova BNPL technology into the PublicSquare platform. The partnership will provide PublicSquare access to Credova's approximately 2.8 million customers and 4,000 values-aligned vendors and provides the first step in PublicSquare's efforts to build an uncancellable payment ecosystem for the parallel economy. The partnership is expected to launch during the second quarter of 2024.
Michael Seifert, Chairman and Chief Executive Officer of PublicSquare, commented, "Our partnership with Credova is an important next step in the maturation of the PublicSquare ecosystem and helps solidify the parallel economy's economic engine. The partnership supercharges the PublicSquare platform with an immediate customer value proposition, plus immediate access to Credova's formidable client base, particularly in the firearms, recreational, and personal defense industries. Through the integration of the capabilities of Credova's Buy Now Pay Later payments technology, we open the door for both our consumers and merchants to explore sales and financing opportunities that may have been previously unavailable. Further, this partnership ensures that purchases in the PublicSquare marketplace remain secure from cancellations, helping to protect Second Amendment rights, a crucial and necessary safeguard for the parallel economy. We are excited for our partnership with the excellence-driven Credova team."
Posted In: PSQH
