Funds agency Mangopay has unveiled a strategic partnership with on-line enterprise lender Kriya.
Mangopay’s B2B Market prospects can now get pleasure from entry to cost choices facilitated by Kriya, in addition to money circulate administration instruments.
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“Mangopay, in its strategic alignment with Kriya, reaffirms its dedication to pioneering developments within the fintech sector,” mentioned Luke Trayfoot, chief income officer at Mangopay.
“Kriya’s dedication to facilitating seamless entry to B2B funds and credit score resonates with Mangopay’s ethos of offering a streamlined, state-of-the-art cost infrastructure.”
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With Kriya, enterprise consumers should purchase items and pay later for as much as 90 days. On the similar time, sellers obtain cost upon the cargo of products, making the Kriya cost methodology a useful device for the money circulate administration of each sellers and enterprise consumers.
“B2B e-commerce is rising quickly, with many marketplaces and retailers needing a brand new suite of cost and credit score choices to let their enterprise circulate,” mentioned Anil Stocker, chief govt and co-founder of Kriya. “Our partnership with Mangopay, a number one participant with intensive attain in B2B marketplaces, positions us to ship a greater buyer expertise to Mangopay’s retailers. This partnership is a good instance of two main fintechs working collectively to higher serve B2B marketplaces by providing them frictionless entry to cost choices.”.
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