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Startup Yeeld partners with Stripe

Wednesday 26 April 2023 10:21 CET | News

US-based payments consulting startup Yeeld has teamed up with payments processor Stripe to help businesses modernise and optimise their payment systems.

 

Yeeld's mission is to help businesses of all sizes integrate or retrofit their payment solutions, now leveraging the knowledge of Stripe, to improve profitability. Yeeld has already gained almost a dozen clients since its launch, and the company's executives are looking to expand further in the fintech industry.

US-based payments consulting startup Yeeld has partnered with payments processor Stripe to help businesses augment their payment systems.

Levering industry knowledge to augment payments for businesses

Yeeld's co-founders started the company based on their experience with Stripe's financial infrastructure platform for businesses. The company's approach to consulting and collaboration leverages Stripe and other financial infrastructure for its clients' specific goals, improving payment efficiency and streamlining payment infrastructure processes.

Commenting on this development, officials from Yeeld said that payments are no longer a commodity, but a strategy. It involves customer experience, geographic expansion, managing risks, and building for scale. Yeeld is passionate about helping businesses of all sizes achieve their payments-related ambitions, and partnering with Stripe will help to do so faster.

Yeeld launches consumer credit offer with Treezor and Franfinance

In March 2023, Fintech Yeeld has selected the joint bid from Franfinance and Treezor, two Societe Generale group subsidiaries, for outsourcing the tech and regulation aspects of the entire payment chain.

Through this collaboration with Franfinance, Treezor is offering all its clients (fintechs, online marketplaces, payment solutions for businesses, etc.) the option to embed a turnkey revolving credit and/or amortised loan service into their customer journey, thus positioning itself on the dynamic consumer credit market.

Yeeld, a Treezor client, wanted to benefit from this integration to expand its product range by offering its customers a new financing offer. 

Thanks to the Revolving Credit API developed by Franfinance for Treezor, the customer journey on the Yeeld app includes the credit specialist’s loan granting, decision-making, and management features. Yeeld’s customers can now take out a revolving line of credit of up to EUR 3,000.


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Keywords: Stripe, partnership, fintech, payments infrastructure, merchants
Categories: Payments & Commerce
Companies: Stripe, Yeeld
Countries: World
This article is part of category

Payments & Commerce

Stripe

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Yeeld

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