Snap Finance
Point-of-sale loans for UK consumers, spent via a virtual card at partner retailers and repaid over up to 48 months
Highlights
- New on EvolcAdded 2026-10-28
About Snap Finance
Snap Finance Limited provides consumer retail finance in the UK through Snap Card and Snap Loan. Customers borrow between £250 and £3,000, which is loaded onto a virtual card and can be spent over 30 days at approved retailers, online or in-store. The loan can then be repaid over monthly terms of up to 48 months, and customers can manage balances and payments through the Snap Wallet app or My Account.
The service is aimed at consumers who may be turned away by other providers, and the company describes its lending as inclusive. It is authorised and regulated by the Financial Conduct Authority and is a member of the Finance & Leasing Association. The company earns from interest on these consumer loans, with a representative APR of 29.9% stated on its website.
Snap Finance Limited is registered in Milton Keynes, where it is based, and was founded in 2012. The UK business was launched in 2017 and is part of a wider group with a US parent company.
Product: Snap Card and Snap Loan: 30-day virtual-card loans of £250 to £3,000 for spending at partner retailers, repayable over up to 48 months.
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