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Fintech Leader SellersFunding Closes Series A to Power Success of Ecommerce Sellers
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GOJA + SellersFunding Enter Strategic Partnership
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SellersFunding Offers Flexible International Currency Account for eCommerce in UK, EU Online Merchants Find Solution for Cross-Border Payments and Delayed Amazon Payouts
February 09, 2021 22:53 ET | Source: SellersFunding SellersFunding UNITED STATES
New York, USA , Feb. 09, 2021 (GLOBE NEWSWIRE)
SellersFunding, a leading fintech provider for sellers on Amazon, Shopify, Magento and other marketplaces, today announced the release of its streamlined cross-border eCommerce payments system to help online merchants avoid hefty currency conversion fees and payment fees for sales in the UK and EU.
eCommerce sales in Western Europe rose more than 26 percent in 2020 (eMarketer), and Amazon remains the largest marketplace. International sales presents enormous growth opportunities for online merchants.
Fintech Leader SellersFunding Closes on a $100 Million Global eCommerce Funding Program With European Investment Manager Fasanara
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210112005189/en/
The multi-currency deal will allow for up to $100 million in funding across USD, GBP, EUR and CAN currencies to enhance SellersFunding s liquidity, as the U.S.-headquartered company continues to expand its services in North America, the United Kingdom, Canada and Continental Europe. This program allows us to keep up with the surge in global demand for working capital that has resulted from the eCommerce boom we are experiencing, said Ricardo Pero, CEO of SellersFunding. It enables us to offer quick and flexible financing solutions for the millions of eCommerce businesses looking to grow quickly.
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