Dojo, a leading provider of payment technology, has partnered with YouLend to introduce flexible financing options for its business customers in Spain.
This collaboration aims to empower small to medium-sized enterprises (SMEs) in the nation with personalised financing solutions designed to enhance cash flow management and support business growth, according to FF News.
With this alliance, Dojo can now offer its customers seamless access to funds, enabling them to overcome financial hurdles or make investments that drive expansion.
YouLend’s AI-driven platform analyses core business metrics to deliver financing that suits each SME’s specific needs, simplifying and accelerating the funding process for Dojo’s clients.
By integrating with YouLend’s technology, Dojo now extends its services beyond payment processing, providing financial support to small businesses in Spain.
YouLend’s AI technology customises financing options based on a business’s performance metrics, helping small businesses secure capital aligned with their unique financial needs and sales flow.
This new offering allows Dojo’s Spanish clients to apply for financing amounts ranging from €3,000 to €100,000.
To qualify, businesses need only have operated for three months or more and must generate over €1,000 in monthly sales through Dojo’s payment systems.
Repayment is managed automatically by collecting a fixed percentage of future sales, creating a payment structure that adjusts naturally to revenue fluctuations, a highly attractive feature for small businesses managing variable cash flows.
Expanding the partnership to Spain also reflects Dojo’s broader mission to support SMEs and startups in overcoming challenges associated with traditional financing.
This customised financing solution is designed to aid in digital transformation and business growth, ensuring financial resilience for Dojo’s client base.
The strategic expansion into Spain is built on a foundation established in the UK, where the two companies have collaborated since 2020.
Jesús Molina, Head of Partners at Dojo Spain, remarked, “More businesses are telling us about the challenges they face when investing in digital transformation to secure their financial future. This partnership provides SMEs with the tools to keep advancing without worrying about their financial footing.”
Ariam Rodríguez Pou, Country Head for YouLend Spain, added, “We’ve been partners with Dojo in the UK since 2020, and we’re thrilled to extend our collaboration to Spain. This partnership reflects the strong demand from Spanish small businesses for fast, flexible, and affordable working capital to invest and take their business to new heights. It’s been a pleasure working with the Dojo team to bring our advanced SME financing solution to the Spanish market.”
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