jousto

Jousto is a Finnish fintech company that provides consumer financing and buy-now-pay-later services for online shopping. The service is designed to be integrated at the checkout of participating e-commerce sites, allowing customers to pay for purchases in installments rather than in a single upfront payment. Jousto works with merchants to offer a financing option at the point of sale, with the credit decision typically made quickly based on basic information and, where required, credit checks carried out by Jousto or its partners.

Customers who choose Jousto at checkout complete a short application. If approved, they receive a digital agreement detailing the repayment schedule, any interest or fees, and the due dates. Repayment is made in fixed monthly installments over a set term. Terms and conditions vary by country and by merchant promotion.

Revenue for Jousto generally comes from merchant fees for offering the service and, in some cases, interest or financing charges on the financed amounts. The platform emphasizes speed and ease of use to help online merchants increase conversion rates and average order values.

Regulatory oversight for Jousto’s activities falls under applicable consumer credit and data protection laws in the Nordic region, including Finland. As with other fintechs, Jousto collects and processes personal data for underwriting, servicing loans, and compliance, subject to privacy protections and user consent.