Scratchpay helps pet owners and veterinary practices manage medical costs by offering flexible payment plans for veterinary care. Its product lets clients spread medical bills into installments with varying terms and interest based on the applicant’s credit profile. The application is straightforward, does not affect the applicant’s credit score, and emphasizes transparency with no hidden fees or prepayment penalties. Practices can offer Scratchpay as a financing option and may pay fees to participate, while the company earns revenue from interest on plans and service fees. Compared with competitors, Scratchpay emphasizes high approval rates, transparent pricing, and a simple, credit-accessible experience for both pet owners and veterinary clinics. The goal is to increase access to necessary pet healthcare by reducing upfront financial barriers for families and enabling veterinary practices to offer affordable payment options.
Company Size
51-200
Company Stage
Series C
Total Funding
$58.9M
Headquarters
Pasadena, California
Founded
2015
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