Embedded Finance: Adyen, Buildertrend to Enhance Financial Services for Construction Businesses

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for leading businesses, is partnering with Buildertrend, the construction project management solution, to broaden its suite of financial capabilities.

By using Adyen for Platforms, Buildertrend will “have access to Adyen’s innovative technology – such as expedited payouts – making their customers’ lives easier by bringing together different aspects of business financial management through a single software platform.”

Andrés Ricaurte, SVP & GM, Financial Services at Buildertrend, said:

“We want to help our customers simplify their financial processes and optimize the health of their construction businesses through an integrated suite of financial management solutions. To achieve this, we are surrounding ourselves with the best platforms in the industry to further support the financial needs of our businesses. Adyen’s tech-forward and highly consultative approach makes them a great partner to work with.”

Davi Strazza, North America President at Adyen, said:

“Buildertrend is paving the way for digital transformation in the residential construction industry and we are excited to be a part of that journey. Platforms are becoming increasingly specialized in focus and this helps them better meet the needs of their users. Regardless of industry, streamlining payments is one of the many ways that Adyen for Platforms helps businesses achieve their ambitions faster.”

Adyen for Platforms “offers an agile financial technology solution that enables platform business models to integrate financial products into their offering without the added operational complexity or resource constraints.”

Platforms are able “to leverage Adyen’s ability to expand quickly, manage risk, track results and gather rich customer insights across all touchpoints, from one integration. To learn more about the product, visit here.”

As covered, Adyen claims it is “the financial technology platform of choice for leading companies.”

By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses “achieve their ambitions faster.”

With offices around the world, Adyen works “with the likes of Facebook, Uber, H&M, eBay, and Microsoft.”

The cooperation with Buildertrend “as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.”

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