SellersFunding Announces Global Expansion of Industry-Leading eCommerce Financial Services Platform Into EU, UK, CA
Summary
By combining access to working capital, daily advances and global cross-border payment features, the US-based fintech company has become the first in the industry to provide eCommerce sellers around the world an end-to-end solution for stabilizing cash flow while growing their business. “There has been unprecedented growth in eCommerce sales this year, with a 44 percent increase in Q3 2020 for U.S. online sellers alone,” said Ricardo Pero, Chief Executive Officer of SellersFunding. This shows the incredible growth happening in eCommerce, particularly internationally, and is why SellersFunding is rapidly expanding our capabilities to help sellers scale their businesses globally.” • Access to up to $1 million in working capital to increase reach and grow product inventory. “Through the combination of working capital solutions and a robust cross-border payment infrastructure under one platform, we are uniquely positioned to provide the best support possible for the needs of eCommerce sellers globally. Their machine-learning model offers working capital to businesses frequently not eligible due to their global expansion, coupled with a robust currency exchange and transfer system, making it a “one-stop-shop” for marketplace sellers.