Dojo partenrship news – London-based Dojo Partnership With YouLend
Oct 28, 2024 | By Kailee Rainse
Dojo is expanding its partnership with YouLend a global platform for embedded financing. This partnership allows Dojo to offer YouLend’s funding solutions directly through its payments platform, making it easier for customers to access business funding.
SUMMARY
- Dojo is expanding its partnership with YouLend a global platform for embedded financing.
- The two companies plan to continue expanding their partnership and offering funding to new European markets this year.
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Businesses can apply for up to £1 million in funding and receive personalized offers within 24 hours. YouLend’s repayment process is based on revenue, so small and medium-sized enterprises (SMEs) can pay back a fixed percentage of their future sales. This means they can make larger repayments when sales are high and smaller ones when sales are lower.
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Jakob Pethick, Chief Commercial Officer at YouLend, said this partnership shows their commitment to providing a great experience for partners and their customers. He noted that the demand for quick access to capital from small businesses is strong, and together they have provided important funding to tens of thousands of businesses.
Neil Richards, General Manager of Business Funding at Dojo, added that this partnership helps SMEs thrive in today’s economy. With funding applications available in just minutes through the Dojo app and funds often accessible within two business days, they are offering flexible solutions that support growth. This partnership helps solidify Dojo’s position as a leading payments provider in the fintech industry.
The two companies plan to continue expanding their partnership and offering funding to new European markets this year.
About Dojo
Launched in 2019, Dojo aims to solve business owners’ challenges in the UK and has experienced significant growth, welcoming over 150,000 customers and growing its team to more than 1,000 people across five locations.
About YouLend
YouLend is a preferred financing platform for many top e-commerce and payment companies, including Amazon, eBay, Shopify, and Just Eat Takeaway.