Online Retail Marketplace and Consumer Finance Platform



Company Type





$10 million

Investment Type


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Helping Great Companies Grow


Seeking +/-$10 million of equity and debt to further develop Venue – online retail marketplace and consumer finance platform.

  • Retail marketplace offers wide selection of premium products at competitive pricing from leading online retailers
  • Offers flexible payment solutions through a proprietary lending tree. Consumer loans are funded off balance sheet through third party lenders integrated with the platform
  • Generate revenue from retail margin and origination fees
  • Single credit account available to purchase from all retailers featured on marketplace
  • No inventory and no credit risk
  • Products are drop-shipped by the retail marketplace partners
  • Highly scalable ecommerce marketplace platform ( integrated with a proprietary lending platform (VenuePay) – processes orders and optimizes conversion
  • Management team has over ten years of operating history in e-commerce, generating over $1 billion in revenues and two million customers
  • Owns 26% plus option to increase ownership to 40% of Kornerstone Credit, a national consumer leasing provider
Helping Great Companies Grow


  • US consumers alone spent $517.36 billion online in 2018
  • Online retail sales in the US are growing at a 15% annual rate and are expected to reach $684 billion by 2020
  • A growing percentage of banks are tightening standards on consumer credit
  • Consumers with FICO scores below 700 and consumers with no credit history represent over 50% of the total US population (over 160 million people) – limited access to affordable financing options
Helping Great Companies Grow


  • Proprietary lending tree platform incorporating big data analytics and machine learning
  • Underwrites consumers efficiently across a wide credit spectrum in real time
  • Unifies the ecommerce marketplace with instant financing on a single platform and provides a seamless user experience
    • generates significant margin from both retail and finance
    • by using mobile enabled technology, consumers can shop premium brands from leading retailers at competitive pricing and pay overtime with flexible payment options
    • by leveraging proprietary lending tree and origination platform, Venue offers an instant spending limit to online shoppers across the full credit spectrum
  • Over 10 million SKUs updated in real time to provide shoppers with competitive pricing and greater product selection
  • “Soft-pull” underwriting with no adverse impact on credit report in the event of a turndown
  • Streamlined application with instant credit decision
  • Supplier drop shipping provides quick access to products purchased through the marketplace, while maintaining no inventory
  • Monetizing existing traffic, Venue plans to offer multiple financial products on its marketplace by partnering with third party affiliates, including personal loans, VISA/MasterCard, auto loans, mortgage loans, credit monitoring and other financial products. The Company will generate fees for each transaction originated through its marketplace platform
Helping Great Companies Grow


Ron Drori

Chairman & Founder

  • Former Chief Executive Officer of VNU Group and former Chairman of Crest Financial Services
  • Responsible for securing over $500 million of capital and generating over $1 billion in revenues
  • Secured strategic partnerships with GE Capital (GE), Household Bank (HSBC) and Alliance Data Systems (ADS)
  • Served as Chief Executive Officer of US Capital Financial Corporation, an LA-based subprime credit card marketing company originating over 1 million credit card accounts
  • Graduate of the Anderson School of Management, UCLA.

Kent Helbig

Chief Operating Officer

  • Founder, former Chief Operating Officer and Chief Technology Officer for CoEdition, a marketplace for plus sized fashion.
  • Former Chief Technology Officer, VNU Group. Kent was responsible for the development of its proprietary ecommerce and lending platforms supporting up to 3 million omonthly visitors to its site.
  • Former Chief Operating Officer and Chief Technology Officer, a specialty retailer with global operation.
  • Former head of Technology Solution, a leading fashion marketplace with over $600 million of annual revenues.
Helping Great Companies Grow
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Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784


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