According to the press release, Yoba will offer SMEs a smarter way to pay their business costs through the convenience and speed of a credit card while leveraging the latest technology to provide flexible, on-demand liquidity, together with leading cost management tools.
Furthermore, under a new agreement, Nets will provide a full-scale solution incorporating a corporate credit and debit card solution that leverages its digitised services, enterprise card management tools, and security.
Yoba’s offering, which is subject to regulatory approval, is planned to launch in 2021 in Luxembourg, followed by other European markets.
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