back Back

PingPong partners with Uncapped for lending services

By Leandra Monteiro

September 29, 2022

  • Collaboration
  • Cross Border Payments
  • Digital Lending
Share

PingPongPingPong Payments, one of the world’s leading end-to-end payment solutions for global cross-border businesses, has entered into a partnership agreement for lending services with Uncapped, Europe’s first revenue-based finance provider.

After e-commerce merchants have established a steady business basis and get ready to expand their business, financial liquidity often becomes a challenge that tests the sellers’ comprehensive strength including brand popularity, inventory, logistics and supply chain management. The opportunity for a fast and low-cost financing channel is a great way to increase the chances of the merchants’ success.

With the new partnership between PingPong and Uncapped, PingPong customers can now fund their online businesses with a capital advance from lending partner Uncapped. All that is required for eligibility for an advance of €10K to €10M is proof of 6+ months of trading and €10k+ in monthly revenues.

“With Uncapped, PingPong is bringing a meaningful offer to PingPong customers for them to receive fast funding supports, which would be a key to their commercial success in the e-commerce world. The partnership is a milestone signifying PingPong’s new steps to full scope services for e-commerce sellers in Europe,” said Chunhe Zhang, the Managing Director of PingPong Europe.

“We’re thrilled to launch our strategic partnership with PingPong, a global leader in online payments. Our collaboration provides merchants with payment methods, tools, and capital they need to scale. Uncapped exists to help founders win, and our combined offering will allow entrepreneurs to do just that,” said Piotr Pisarz, the CEO at Uncapped.

Previous Article

September 28, 2022

ACH Colombia offers customers a digital payments experience with Volante Technologies

Read More
Next Article

September 29, 2022

valU and Heliopolis partners to offer payment solutions for new club members

Read More






IBSi Daily News Analysis

Merchants, payments, UAE

July 15, 2024

Collaboration

Global wealth growth rebounds with major shifts expected by 2030, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

Fair4All Finance and ClearScore partner on debt consolidation technology

Read More

July 10, 2024

Islamic FinTech Offa launches buy-to-let finance service

Read More

July 09, 2024

Uncia wins Best in Retail Lending & enters the IBSi’s Sales League Table 2024

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024