Cross-border payment service provider LianLian Global is working with three European FinTechs to increase the range of financing options accessible to online businesses.
The three organizations were named by the firm in a news release on Monday, Nov. 14. They are Spanish eCommerce technology startup RITMO, embedded finance provider YouLend, and small business lending platform Iwoca, both of which have their headquarters in the UK.
“We are happy to announce our new partnerships with iwoca, RITMO, and YouLend. Kevin Boland, vice president of LianLian Global’s international business development, said: “These alliances represent our aspirations to become the most comprehensive cross-border payments growth partner for online retailers all over the world.
The payment service company started providing credit services to its clients in the UK in August.
The goal of LianLian, which was originally launched in the U.S. earlier this year, is to let eCommerce merchants and company owners sell abroad, pay swiftly, and receive payments in significant markets like the U.S. and China.
Through online retailers like Amazon, Google, Rakuten, Shopify, Walmart, Allegro, and others, the worldwide platform is reachable in the United States.
In order to give eCommerce merchants in the U.S. and U.K. access to funding for company development via the LianLian Global platform, a cooperation between LianLian Global and the London-based FinTech Uncapped was also launched in August.
