back Back

Unifiedpost and Munich Re offer flexible financing for German SMEs

By Gloria Methri

January 25, 2023

  • banqUP
  • Belgium
  • E - Invoicing
Share

unifiedpost, invoice financing, SME, Belgium, Germany, Munich Re, Talaria One DAC, e-invoicing, Insurance solutions, invoice-to-cash solution, SMEsUnifiedpost Group has partnered with Munich Re, acting through Talaria One DAC, to provide invoice financing to customers using its SME platform Banqup.

Unifiedpost, a specialist in e-invoicing solutions, and Munich Re, one of the leading providers of reinsurance, primary insurance and risk solutions, will co-create a functionality integrated in Banqup. This will allow users to get their outstanding invoices paid immediately thereby unlocking liquidity for the SME.

The partnership will see Munich Re’s insurance expertise and financial capacity combine with Unifiedpost’s technology and customer base. The first launch will be done in Germany with the short-term ambition to expand the functionality to other countries Unifiedpost is operating in.

Unifiedpost and Talaria One DAC signed the cooperation agreement on 24 January 2023 and plan to kick off the integration in the second quarter of 2023.

Commenting on this strategic partnership, Hans Leybaert, CEO and founder of Unifiedpost, stated, “This kind of invoice-to-cash solutions are often not accessible for SMEs, however, the latter does experience working capital constraints even more than mid and large enterprises. We are proud to close this partnership with TALARIA ONE DAC. Our strengths and common values complement each other and form the basis for successful cooperation.”

Andreas Moser, Head of Embedded Trade Finance Solutions at Munich Re added, “Considering these challenging times, small and medium-sized businesses currently demand for flexible financing solutions and financial security. Our invoice-to-cash solution does both by increasing liquidity and protecting businesses against non-payment of invoices. We believe that the most user-friendly way to offer such a solution is embedding it into existing platforms used by small and medium-sized businesses. Today, Unifiedpost already connects a very large number of SMEs all over Europe with their clients and suppliers. Therefore it is an ideal partner for seamless integration of our invoice-to-cash solution.”

Previous Article

January 25, 2023

QIB joins hands with UnionPay International

Read More
Next Article

January 25, 2023

Zepto appoints Laura Mineoas its new CFO

Read More









IBSi Daily News Analysis

December 01, 2023

banqUP

UAE consumers turn to banks for advice on sustainable finance

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

December 01, 2023

Aspire expands footprint with opening of new Singapore headquarters

Read More

December 01, 2023

PesoPay integrates Maya eWallet for merchant payments in the Philippines

Read More

December 01, 2023

Scottish Widows partners with Moneyhub on open finance features

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

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 2023