Banxware partners Lieferando to offer liquidity solution

Wednesday 26 May 2021 13:50 CET | News

Banxware, a Lending-as-a-Service provider, has partnered Lieferando, a Germany-based food delivery platform, to offer it a liquidity solution.

Banxware has built a solution that allows restaurant owners to apply for a loan in a short period of time, based on their recent revenues. Banxware lends against future revenues, giving the restaurants additional liquidity. For this purpose, applicants will only need to provide Banxware with their transaction history.

Through Banxware’s ‘GetRaoul’ cash advance brand for restaurants, Banxware offers instant liquidity tailored for restaurants, especially those using the Lieferando platform for food delivery. 

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Keywords: lending, partnership, transactions
Categories: Payments & Commerce
Countries: Germany
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Payments & Commerce

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