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Yobota partners with BNPL startup Tranch

Wednesday 1 June 2022 10:31 CET | News

UK-based core banking provider Yobota has partnered with BNPL startup Tranch to deliver more flexible payments to fast-growing businesses.

 

Founded in 2016, Yobota has built a flexible, cloud-native core banking platform that allows clients to create and run innovative financial products. With the help of the partner’s flexible architecture and API-first capabilities, Tranch can meet the demands of customer journeys in the UK.

By embedding in the sales journeys of SaaS sellers and other service providers, Tranch allows businesses to spread any expense multiple times and manage it all from one place. Its one-stop platform equips organisations with the solutions they need to prioritise spend on growth, without compromising on the tools they need.

Using the ‘Pay with Tranch’ payment method, suppliers can give offer their end-customers the power to choose how they spread out expenses and a more flexible way to pay for contracts worth GBP 10,000 to GBP 250,000, while ensuring that they are paid upfront, faster.

The announcement follows news that Tranch has raised GBP 3.5 million in pre-seed equity and debt funding to expand its B2B offering.


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Keywords: BNPL, startup, partnership, instalment payments, funding, API, SaaS
Categories: Payments & Commerce
Companies: Tranch, Yobota
Countries: United Kingdom
This article is part of category

Payments & Commerce

Tranch

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Yobota

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