Home improvement is way, way up. Amid pandemic-prompted stay-at-home orders, people are getting sick of looking at the same old backsplash and dream of transforming their basements into second living rooms.

The trend has been a boon for PowerPay: The King of Prussia fintech company, which manages a digital lending platform for home improvement financing, has seen tremendous growth in the past few months.

PowerPay helps consumers access lending through a national network of 5,000 contractors. COO and cofounder David Haas said a 600% growth in business has led the company to rapid expansion. Before the pandemic, PowerPay had 10 employees; it now has 110.

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