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Satago partners with mmob to simplify its SME embedded finance offering

By Gloria Methri

April 15, 2024

  • business loans
  • Cash Flow Solution
  • Embedded Finance
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Satago, mmob, SME Financing, Embedded Finance, SME Lending, Business Finance, FinTech, UKSatago, a London-based FinTech that provides Working Capital solutions, and mmob, the universal API adaptor, have announced the launch of a new partnership. This collaboration enables lenders and corporates to embed Satago’s Invoice Finance and Cash Flow solutions using mmob’s integration capabilities.

Through this partnership, lenders and corporates will now integrate Satago’s 3-in-1 Working Capital solution for small and medium enterprises (SMEs) into their digital platforms through a single snippet of code. This approach reduces the initial integration time required to embed Satago to mere hours, minimising the burden on development teams.

Thanks to its cloud-based infrastructure, the integration features automatic, periodic updates, making it a solution that scales and optimises with the business leveraging it. Once embedded, any invoice-issuing SME can easily access Satago’s Flexible Invoice Financing, Risk Insights and Credit Control solutions through lenders’ and corporates’ digital channels.

CEO of Satago, Sinead McHale, said, “We are delighted to partner with mmob – combining our industry-leading Invoice Finance and Cash Flow Management solutions with their seamless integration technology. This partnership allows us to drive the reach of our platform, allowing lenders and corporates to embed Satago’s transformative Working Capital solutions into their platforms in as little as two hours of integration time. This ultimately benefits end-users the most, enabling us to place the increased visibility, control, flexibility and intelligence that Satago provides into the hands of more global partners – and their thousands of small business customers – with ease.”

mmob Founder & CEO Irfan Khan said, “Satago’s invoice financing and cash flow management solution is a vital tool, and we are delighted to be able to help them integrate into SME-facing platforms at speed. Mmob’s universal API adaptor removes the time and cost barriers for companies that want to add a new solution for their customers, so now it’s easier than ever to work with Satago. I am excited about the potential of this partnership as both of our companies scale, and these tools support as many businesses as possible.”

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