Latest news with #YouLend
FF News
6 days ago
- Business
- FF News
Which Company Is The "Darling" of UK Fintech?
At this year's Innovate Finance Global Summit (IFGS) we threw out a controversial question to attendees: 'Which company is the darling of UK fintech?' – and the answers certainly didn't disappoint. Some were unapologetically biased, like the devotee of YouLend, while others highlighted key success stories like Equals Group, trumpeted for its journey from a phone-based FX provider to a full service fintech and solutions partner for others in the fintech ecosystem. Moneybox received love for the work it has done in financial inclusion and wealth tech, demonstrating that doing good and doing well aren't mutually exclusive. In terms of brand recognition, Monzo, Starling and Revolut remain at the forefront — praised for their role in radically changing banking from the straightforward user experience first digital customers have come to expect, in stark contrast to traditional banks. Other popular mentions included Tide, the darling of SME focused fintechs, and EPS, lauded for their consistent positive contribution to the sector. Of course, some found it impossible to choose – a sign of just how thriving and competitive the UK fintech landscape has become.
Travel Daily News
7 days ago
- Business
- Travel Daily News
HBX Group launches flexible financing for travel businesses
HBX Group partners with YouLend to launch Cash Advance, offering flexible, performance-based financing for small and medium travel and hospitality businesses. LONDON – HBX Group, a leading independent B2B travel technology marketplace, is partnering with global embedded financing platform YouLend, to offer its partners and clients access to Cash Advance, a new financing solution aimed at helping small and medium-sized businesses in the travel and hospitality sectors manage cash flow and unlock growth opportunities. Designed specifically for the needs of travel agencies, independent hotels, and similar businesses, Cash Advance offers funding based on business performance rather than credit scores or collateral. The application process is simple and fully digital, and approved funds can be accessed in as little as 48 hours. Repayments are made as a percentage of monthly sales, allowing businesses to contribute more during high seasons and less during quieter periods—without the burden of fixed payments amounts each month. 'We want our partners to have the flexibility and support they need to run their businesses with confidence,' said Daniel Nordholm, Chief Product and New Business Officer at HBX Group. 'By working with YouLend, we offer a practical solution that reflects the rhythm of the travel industry and the challenges our clients face. 'At HBX Group, we're committed to providing more than just travel distribution – we're building a suite of tools and services that help our partners grow sustainably, operate more smoothly, and navigate the demands of a changing market.' Through Cash Advance tool, HBX Group's clients and partners can explore funding options, simulate different repayment scenarios, review terms in detail, and complete their application through a single, easy-to-use platform. The experience is designed to be transparent from start to finish, with no hidden fees or complex conditions. Cash Advance is now available for HBX Group clients in Spain, the UK, Germany, Poland, Belgium, Ireland, and the Netherlands, with a rollout to more markets planned for later this year.
Finextra
22-05-2025
- Business
- Finextra
YouLend to finance sellers on eBay
YouLend, the world's leading embedded financing platform, has entered a strategic partnership with eBay Germany to offer sellers fast, flexible access to capital. 0 What makes this partnership unique: sellers receive personalised, pre-approved financing offers, which empower them to know exactly how much financing they are eligible for before they apply. The new solution, called eBay Seller Capital, allows sellers to access up to €2 million without decision uncertainty, lengthy applications or long waiting times due to YouLend's direct integration into the eBay platform. A Growth Booster for Sellers and the Marketplace This financing partnership follows a clear strategy: enabling seller growth without barriers. 'Sellers benefit from a chain reaction: quicker inventory restocks, improved product listing, or targeted marketing leading to greater visibility, higher sales, and more growth opportunities — all of which can be financed through YouLend,' says Leonard Strigel, General Manager Germany at YouLend. 'This cycle of funding, growth, and reinvestment helps increase seller revenues.' Proven Success in the UK — Now in Germany With its launch in Germany, YouLend is expanding a partnership that has been successfully running in the UK for over four years. 'With eBay Seller Capital, we're expanding access to funding for small and medium- sized businesses in Germany,' adds Leonard Strigel. 'Traditionally, access to capital has been slow and complex, especially for online sellers. Our integrated solution changes that: it's simple, digital, and reliable.' Felix Kristl, General Manager Seller Capital EU at eBay, adds: 'Our sellers are the backbone of our marketplace. With YouLend, we've found a partner that delivers real value, exactly when sellers need capital to take the next step.'
Finextra
14-05-2025
- Business
- Finextra
MyPOS teams with YouLend to simplify SME financing
myPOS, the award-winning fintech platform for European SMEs, has teamed up with YouLend, the preferred global embedded financing platform for leading e-commerce, technology and payments providers, to launch a new service in France. 0 Through this collaboration, eligible myPOS clients can access revenue-based financing directly on the all-in-one fintech platform. They will enjoy a flexible repayment structure, where merchants can pay back by allocating a percentage of the funds received from card payments processed on myPOS. The funding is available only to myPOS clients meeting certain criteria: for example, being an active myPOS merchant for 12 consecutive months. Those that qualify can secure an offer and receive funding within just one day. 'After the opening of our third French showroom in Lyon, myPOS is further strengthening its commitment to supporting merchants across France. The new partnership between YouLend and myPOS equips entrepreneurs with the resources they need to succeed. By joining forces, we're delivering faster, more flexible solutions that enable business owners to focus on growth rather than navigating complex financial processes,' commented myPOS Director Lending Services Tony Stoychev. Luuk Visschedijk, Head of Global Partnerships at YouLend, added: 'We are excited to help augment the core offerings of myPOS by providing a world-class financing solution for their merchants in France, and soon many other markets. By working together, we're not only simplifying the financing process, but also empowering business owners to make smarter financial decisions and focus on scaling with confidence.' The roll-out in France will be followed by collaborations in other markets to further support European SME growth by enhancing cash flow management and offering a comprehensive, one-stop financial solution.
Associated Press
05-02-2025
- Business
- Associated Press
Epos Now Expands Capital Offering to Ireland and Spain in Partnership with YouLend
Epos Now expands its Capital programme with YouLend to Ireland & Spain, offering fast, safe, and flexible funding for SMEs. LONDON, UNITED KINGDOM, February 5, 2025 / / -- Epos Now, a leading AI-driven point-of-sale and embedded finance platform is excited to announce the expansion of its Epos Now Capital programme to merchants in Ireland and Spain, where it already supports nearly 3,000 merchants and continues to scale. In partnership with YouLend, the leading global embedded financing platform, this expansion builds on the programme's success in the UK and US, where over £60 million has been funded to businesses in need of accessible financing over the last three years. Access to capital remains one of the most significant challenges facing SMEs across the UK and Europe, with many traditional lenders requiring a minimum of two years of trading accounts before considering loan applications. This restricts early-stage businesses from securing the funding they need for growth, expansion, and operational stability. According to the European Investment Bank, 26% of SMEs cited access to finance as a major issue in 2024, highlighting ongoing structural barriers in the lending market. Designed to empower small and medium-sized enterprises (SMEs), Epos Now Capital provides fast, flexible funding to help merchants grow, invest in stock, expand operations, and enhance their businesses. Unlike traditional lenders, YouLend can provide capital after just three months of trading, and the assessment is based on trading data, ensuring that funding is both affordable and sustainable for the business. With a simple and seamless application process that takes a few minutes to complete merchants can receive tailored offered in as little as 24 hours and access capital significantly faster than traditional banks in these regions. 'SMEs are the backbone of our economy, and cash flow is critical not just for day-to-day operations but also for fuelling growth,' said Rachael Brigham Vice President of Embedded Finance at Epos Now. 'Through our partnership with YouLend, we're making capital available much earlier, with a quick and low-documentation process that has proven extremely popular in our other markets. On average, customers who access funding through us, see a 10% growth in their business, with many returning for additional funding. We're excited to bring this opportunity to democratise growth and capital access to Ireland and Spain, helping more businesses unlock their potential.' Francisco Rubistein, VP of Growth at YouLend comments, 'Our long-standing partnership with Epos Now is a testament to the seamless journey and world-class customer experience we've provided to their merchants. We're thrilled to further expand our programme to Spain and Ireland to meet the ever-increasing demand from small businesses for fast, flexible and affordable capital.' Since the launch of Epos Now Capital, the initiative has seen remarkable adoption across the UK and US, with a 70% renewal rate among merchants. Businesses have leveraged the funding primarily for stock management, expansion, and operational improvements. This high renewal rate underscores the trust and value merchants place in the programme, as well as its tangible impact on business growth. Epos Now will take a structured approach to launching the Capital programme in Ireland and Spain, ensuring merchants are fully informed and supported. Customers will be contacted directly when they qualify or pre-qualify for funding. In the short term, Epos Now aims to further embed this process, aligning it more closely with the seamless approach already established in the UK and US. Epos Now Capital is a testament to Epos Now's commitment to democratising access to financial solutions for SMEs. By integrating funding directly within the Epos Now ecosystem, merchants can secure the capital they need when they need it, without the complexities of traditional lending. Visit us on social media: Legal Disclaimer:
