ThinkSmart is a specialist digital payments platform business with a rich heritage in delivering value through strategic investments and initiatives. The company focuses on two main areas: a shareholding in NYSE-listed Block, Inc, a global technology and payments group, and operations within retail consumer and business finance. ThinkSmart’s technology-led approach and expertise in UK retail consumer payments have led to the development of SmartCheck, a proprietary credit decision engine powering its point-of-sale lease finance solutions.
Founded in Australia in 1996 and operating in the UK since 2003, ThinkSmart ceased writing new business related to retail consumer and business finance in February 2021. The company is authorized by the Financial Conduct Authority and is currently managing the wind-down of its operational activities while providing outsourced call center services for Clearpay. ThinkSmart’s strategy is centered on delivering shareholder value through its holding in Block, while carefully executing the wind-down of its legacy offerings.
The Board of ThinkSmart believes in the significant potential for future value accretion via its investment in Block. With a focus on shareholder value and strategic investments, ThinkSmart continues to leverage its expertise in technology and finance to drive innovation and create economic empowerment through expanded access to the global economy. As a forward-thinking digital payments platform, ThinkSmart remains committed to delivering value and returns to its stakeholders while adapting to the evolving landscape of the financial services industry.