Turnspeed, Viva Capital to facilitate mlns in same day payments in 2021

Monday 21 December 2020 15:16 CET | News

Tech-based startup Turnspeed has partnered with Viva Capital Funding to offer same day payments to apartment service providers, according to the official press release.

Turnspeed’s partnership with Viva Capital will help facilitate millions of dollars in same day payments in 2021, which is projected to grow to over USD 500 million by the end of 2022. Multi-family vendors typically must wait 30, 60, or even 90 days to receive payment from their services. Viva Capital, a US-based specialty finance company, has been providing capital to its clients for over 20 years. 

Turnspeed plans to open a public API for third-party developers so they can build access to capital in their products for their customers. 

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Keywords: Turnspeed, Viva Capital, partnership, same day payments, startup, apartment service provider, public API, third-party, developer, payments
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech