SumUp says it now offers a cash advance product for several European markets, including Germany, France, Ireland, and the Netherlands. The product was first introduced in the UK in 2020. The service allows merchants to tap into funding of up to £20,000. Typically, the funds… Read More
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Amazon (NASDAQ: AMZN) launched a new financing solution, a merchant cash advance, provided by Parafin–a U.S.-based provider of growth capital for sellers. This secure financing option “ties payment on the cash advance to a portion of sellers’ future sales for a fixed capital fee and… Read More
Read more in: Fintech | Tagged amazon, cash advance, financing, growth capital, parafin, small businesses, smbs, sme's, united states, us, vineet goel
If you’re eligible for Deel Advance, then you may be able to access your paycheck early “with no credit checks, interest rates, or applications regardless of your location,” according to an update from Fintech firm Deel. They claim to have heard “countless” stories of people… Read More
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We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI, YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More
Read more in: Featured Headlines, Fintech, Global | Tagged cash advance, digital commerce, digital financial services, e-commerce, embedded lending, europe, financial inclusion, financial services, instant payouts, interview, lending, mikkel velin, repayments, revenue-based financing, small businesses, smbs, sme's, uk, united kingdom, youlend
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