Dojo, a leading UK-based payment technology provider, has announced a major milestone in its ongoing partnership with YouLend, a global embedded financing platform.
Together, they have successfully provided over £1bn in flexible financing to small and medium-sized enterprises (SMEs) across the UK since the partnership began in 2020, according to FF News.
The partnership empowers UK SMEs by offering fast, flexible financing options through Dojo’s integrated payments platform, directly addressing cash flow challenges that often hamper business growth. Dojo and YouLend: company profiles
Dojo, a prominent player in payment technology, is dedicated to supporting SMEs through innovative payment solutions that streamline transactions and enhance financial accessibility.
Meanwhile, YouLend is a global embedded financing platform known for providing revenue-based funding solutions, enabling businesses to access capital by integrating financing into existing platforms seamlessly.
Through this collaboration, Dojo leverages YouLend’s technology to offer financing solutions directly on its payment platform.
Businesses can apply for up to £1m in funding with an easy application process and receive customised offers within 24 hours.
YouLend’s revenue-based repayment model ensures that businesses only pay back a fixed percentage of their future sales, enabling increased repayments during peak revenue periods and reduced repayments when sales are slower. This flexibility is crucial for businesses navigating variable cash flows.
Jakob Pethick, Chief Commercial Officer at YouLend, said, “This milestone proves YouLend’s strong commitment to delivering a world-class experience for our partners and their merchants. Our success with Dojo demonstrates just how strong the demand from small businesses is for timely, accessible capital. Together, we’ve provided essential financing to tens of thousands of businesses, empowering them to pursue ambitious goals and make a meaningful impact on society.”
Neil Richards, general manager of business funding at Dojo, added, “Dojo’s partnership with YouLend has enabled Dojo to help SMEs thrive in the experience economy. With financing applications available in minutes through the Dojo app and funds often accessible within two business days, we’re delivering agile, customer-centric solutions that fuel growth and operational flexibility. This integration reinforces Dojo’s position as a leading payments provider in today’s dynamic FinTech landscape.”
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