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YouLend Secures Partnership with Castlelake to Boost SMB Lending Reach

Oct 25, 2024•over 1 year ago

Contract Type

partnership

AtlantaFinancial ServicesFintechLending

Description

YouLend has secured a partnership with Castlelake, a global alternative investment firm, to develop its operations in the US and extend up to US$1bn in revenue-based financing to US small and medium enterprises over three years. The agreement strengthens a multi-year relationship between the firms across multiple European territories, following YouLend's entry into partnerships with Etsy, FreshBooks, and Paysafe to offer financing options embedded within established digital platforms.

Company Information

Company

YouLend

Location

Atlanta, Georgia, United States

About

YouLend is a global embedded financing platform that provides flexible financing products for e-commerce and payment platforms. Their software and APIs allow partners to offer financing solutions without the need for coding or upfront capital. Focused on supporting small and medium-sized businesses, YouLend utilizes AI for credit risk assessments to ensure quick and accessible funding. The company has experienced rapid growth and operates in multiple geographies including the UK, EU, and US.

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