Adyen launches Capital to simplify funding access to Australian SMBs

By Gloria Mathias

Adyen, the global financial technology platform, has launched Capital, a product that enables businesses on Adyen for Platforms to offer timely access to funding for their small and medium-sized business (SMB) users in Australia.

Adyen has developed a funding offering that, together with its embedded payment solutions, enables platforms such as Epos Now, Next Order, and OrderBuddy to deliver more value to their SMB users.

Capital enables platforms to proactively offer business financing to their SMB users based on historic payment data. If SMBs see an offer, this means that they can take the offer and the funds can be paid out quickly to them, simplifying access to funding, which can be deployed for any business purpose.

“No one understands SMBs better than our platform merchants, and we’re proud to help them offer more value embedded in their ecosystem by using Adyen—from processing payments to facilitating funding for their users,” said Hayley Fisher, Country Manager, Australia and New Zealand, Adyen. 

“Working with Adyen to power our Epos Now Payments has simplified the onboarding and integration experience for our users, and we’re excited to offer access to funding for our Australia users through Capital,” said Nathan Gill, Chief Product Officer, Epos Now.

“At Next Order, our mission is to enable restaurants to embrace every part of their business with software that enables them to grow. In partnering with Adyen, we are now able to deliver on that promise by integrating financial solutions for our customers, from payments to funding,” Will Richards, Co-Founder of Next Order said. “Capital stands as a transformative initiative that helps our customers tackle funding issues for day-to-day contingencies without the one to two-week wait, they’d expect with traditional banks.”

By providing end-to-end payment capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster.