Assurant buys repair chain iSmash

Gadget insurance giant Assurant has bought repair chain iSmash and its 38 retail locations. iSmash had been looking for a sale for several months after its auditors put up a red flag over its future prospects as losses mounted to nearly £6 million, mainly due to the effects of Covid lockdowns and the new culture

iSmash launches new triple-instalment payment plan

Repair specialists aim to split cost over time Technology repair chain iSmash has signed a deal with Sweden-based payments provider Klarna to facilitate customer payments. The deal will see the implementation of Klarna’s “pay in 3” service in iSmash’s 26 stores across the UK, which splits the cost of a repair into three equal instalments.