Universal Partners selects Muse Finance to offer invoice and trade finance

By Gloria Methri

Universal Partners, an FCA-regulated, cross-border payment and foreign exchange specialist, has announced a strategic partnership with embedded finance FinTech Muse Finance to offer clients digital invoice and trade finance.

This elevates Universal Partners’ financial product suite and empowers their customers with top-tier financial tools to promote global scalability.

Muse Finance brings to the table a dynamic range of digital invoice and trade finance services, such as invoice financing and supply financing. These services are designed to provide UK-based SMEs with an improved command over their cash flow and a clearer view of their financial standing.

The partnership will also enable Universal Partners to mitigate liquidity concerns, with its innovative digital invoice and trade financing solutions. Muse Finance’s invoice-based financing solutions will enable Universal Partner’s customers to receive payment before the invoice’s settlement date or make payments to suppliers whilst keeping the funds for up to 120 days.

Oliver Carson, CEO of Universal Partners, said, “We are on a mission to become the go-to partner for businesses wishing to expand internationally. Our partnership with Muse is a step in the right direction, giving us proven, best-in-class solutions for digital factoring and trade finance. These two core services will give our customers the cash flow management tools they need to scale anywhere in the world without the liquidity concerns that can slow down growth.”

Ann Juliano, CEO of Muse Finance, added, “This partnership is a testament to the demand for financial products driven by consumer needs. At Muse Finance, we have built solutions that address key challenges faced by consumers, leveraging the power of embedded finance to provide fast, reliable, and low-cost digital invoice and trade finance products.”

Universal Partners is a UK-based FinTech, utilising an analytic approach to provide customers with tailored cross-border payments and bespoke risk management strategies. Launched in 2020, Muse provides non-dilutive working capital solutions for business owners in the UK through the buy now, pay later (BNPL) for businesses and digital factoring.