Embedded Finance Goes Home: Reshaping How We Pay for Renovations

ATLANTA, GA – August 04, 2026 – In an era of high interest rates and soaring property values, American homeowners are staying put longer than ever, transforming their existing houses into dream homes. This has ignited an $800 billion-plus home improvement market. Yet, for many, the dream collides with the reality of financing—a cumbersome process often involving high-interest credit cards or lengthy bank loan applications. A new partnership between fintech lender Momnt and orchestration platform Skeps signals a fundamental shift in this dynamic, embedding financial decisions directly into the point of sale and providing a powerful glimpse into the future of how large-ticket purchases are made.

Announced today, the collaboration integrates Momnt’s suite of real-time lending products into Skeps’ multi-lender platform for home improvement contractors. On the surface, it’s a straightforward B2B integration. But beneath the hood, it represents a strategic move to solve a critical pain point for contractors and homeowners alike. It’s a prime example of embedded finance, a market projected to swell to over $7 trillion by 2030, moving from a niche concept to a core business strategy.

The New Blueprint for Point-of-Sale Financing

For decades, a contractor’s ability to offer financing was often limited to a single banking partner, resulting in a frustratingly binary outcome for customers. If the homeowner didn't fit that specific lender's credit box, the conversation ended, and potentially, the sale was lost. The Momnt-Skeps partnership aims to dismantle this bottleneck.

Skeps operates as a “credit orchestration” platform. Instead of a single-lane road to one lender, it acts as an intelligent switchboard. When a contractor’s customer applies for financing through a single, simple application, Skeps routes the request across a network of lenders. This multi-lender approach dramatically increases the probability of an approval. Industry data suggests such platforms can boost financing approval rates by over 30%.

By adding Momnt to its network, Skeps deepens its arsenal. Momnt specializes in AI-powered, real-time lending, offering a diverse range of over 30 loan products—from promotional same-as-cash deals to fixed-rate installment loans with terms extending up to 120 months. This variety is crucial.

"We built Momnt to work anywhere merchants need to connect their customers with financing, and that's what this partnership is really about: equipping contractors with more financing options for their customers," said Allyson Torsak, Chief Revenue Officer at Momnt. "By connecting our products to Skeps' network, we're bringing real-time financing tools directly to more contractors, so they can close more deals and grow their businesses without adding complexity to how they work."

This integration means contractors on the Skeps platform can now offer a customer a loan for a $5,000 window replacement with the same ease as a $75,000 kitchen remodel, all without leaving their existing sales software. The complexity is handled by the technology, not the roofer or plumber.

"Contractors on our platform need more than one way to finance a project, because no two projects, or customers, look the same," noted Ruby Walia, Chief Banking Officer at Skeps. "Adding Momnt's products to our credit orchestration platform gives contractors a deeper bench of financing options to draw from."

Unlocking Value for Contractors and The Bottom Line

The business implications for contractors are profound. In a competitive market, the ability to offer flexible, immediate financing is no longer a perk; it's a critical sales tool. Contractors using embedded financing platforms report close rates increasing by 20% to 40%. When a homeowner can see a $40,000 project broken down into manageable monthly payments, the psychological barrier to entry crumbles.

This also leads to a significant increase in average ticket size—by as much as 20%, according to some platform estimates. The conversation shifts from "What can I afford upfront?" to "What can I get for an extra $50 a month?" Suddenly, higher-margin materials and project add-ons become an easier sell. Furthermore, the administrative headache of juggling multiple lender portals—a practice known as "portal hopping"—is eliminated, freeing up contractors to focus on their craft rather than paperwork.

For homeowners, the benefits are equally tangible. The process mirrors the seamless checkout experience they’ve come to expect from e-commerce giants. An initial application often uses a soft credit pull, meaning they can view pre-qualified offers without impacting their credit score. This transparency allows them to compare options and make informed financial decisions in minutes, not days. With access to a wider array of lenders like Momnt, they are more likely to find competitive interest rates and promotional offers, such as 0% APR periods, that are far more attractive than revolving credit card debt.

The Battle for the Digital Toolbox

The Momnt-Skeps alliance doesn't exist in a vacuum. The home improvement financing space has been a hotly contested battleground for years. GreenSky, which was acquired by Goldman Sachs before being sold off to a private equity consortium, pioneered point-of-sale loans in the sector. Financial giants like Synchrony and LightStream also hold significant market share. However, the new wave of fintech is competing on agility, technology, and integration.

The key differentiator for the Momnt-Skeps model is its open, ecosystem-based approach versus the closed, single-provider models of the past. By orchestrating multiple lenders, it creates a more resilient and competitive marketplace. If one lender tightens its credit standards, others on the platform can still fill the gap. This flexibility is invaluable in a fluctuating economy.

This partnership is a microcosm of the broader unbundling and re-bundling of financial services. Banks are no longer the sole gatekeepers of credit. Fintechs like Momnt, which has raised over $80 million in funding, are building the specialized lending products, while platforms like Skeps are creating the intelligent infrastructure to deliver them at the precise moment of need. It’s a symbiotic relationship that challenges traditional players to either adapt or risk being disintermediated from their customers at the most crucial point in the transaction.

Beyond the Renovation: The Future of Embedded Lending

While the immediate focus is the home improvement industry, the strategic implications of this partnership extend much further. Both Momnt and Skeps have ambitions in other high-value sectors like healthcare and retail, where the logic of embedded, point-of-sale financing is just as compelling. Imagine a dentist's office seamlessly offering a payment plan for a major procedure or a furniture store embedding financing options for a living room set directly into its online checkout.

The ultimate vision is a future where financing is not a separate, stressful step but an invisible, integrated part of the purchasing journey. The technology, driven by API-first platforms and intelligent orchestration, is already here. As more industries recognize that offering accessible payment options is a powerful driver of revenue, partnerships like the one between Momnt and Skeps will become the standard blueprint for growth, fundamentally changing the relationship between merchants, consumers, and the very concept of credit.