Aria launches deferred payments platform in the UK
By Gloria Methri
French FinTech Aria has launched in the UK market, aiming to become the default deferred payment infrastructure provider for the economy and B2B marketplaces.
Aria has opened a new office in London and appointed embedded finance and B2B marketplace specialist Tom Lamb as Head of the UK to lead its growth efforts. The company plans to scale the UK team with 6-8 hires expected in 2023.
Aria is launching with platforms such as Malt, Brigad, and Dweet which are now being funded in the UK and Europe.
Aria supports the growing UK platform economy which comprises the contingent workforce and booming online B2B trade, connecting to marketplaces, transactional SaaS platforms, and ERP systems. It distributes early payment of supplier invoices and offers deferred payment options for end clients via their API, letting its platform partners white-label the solution to create improved customer experiences and new revenue opportunities.
Aria is a deferred payment infrastructure provider for the platform economy, working with over 100 platforms to solve the payment gap between when suppliers need to get paid and when buyers want to pay for goods and services. Making B2B trade seamless for freelance platforms, B2B marketplaces and Vertical SaaS Aria integrates directly into the platform’s systems enabling instant direct payments to suppliers across Europe and allowing buyers up to 90 days to pay for goods.
Clément Carrier, CEO and co-founder of Aria said, “We built Aria to make instant B2B payments the new standard for the platform economy. Our growth has been fuelled by solving a real problem for freelancers and businesses in a way that lets platforms keep control of their customer experience. Opening up the UK market is an important step in our journey to change the way businesses pay and get paid.”
Tom Lamb, Head of UK for Aria, said, “It is incredibly exciting to be bringing Aria’s technology to the UK, supporting platforms to solve the biggest problem facing many freelancers and suppliers. Post-Covid and in the current economic climate more and more companies are looking online for contingent workforce solutions but struggle to get the same terms or experience to which they are accustomed. By working with our platform partners, we make solving this crucial issue for businesses and freelancers simple, easy, and automated.”
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