YouLend Secures Partnership with Castlelake to Boost SMB Lending Reach

YouLend Secures Partnership with Castlelake to Boost SMB Lending Reach

10/25/24, 9:40 AM

Location

atlanta

Money

$1 billion

Industry

lending

fintech

financial services

Type

partnership

YouLend has secured a partnership with Castlelake, a global alternative investment firm, to develop its operations in the US and extend up to US$1bn in revenue-based financing to US small and medium enterprises over three years. The agreement strengthens a multi-year relationship between the firms across multiple European territories, following YouLend's entry into partnerships with Etsy, FreshBooks, and Paysafe to offer financing options embedded within established digital platforms.

Company Info

Company

YouLend

Location

atlanta, georgia, united states

Additional Info

YouLend is a global embedded financing platform that provides flexible financing products for e-commerce and payment platforms. Their software and APIs allow partners to offer financing solutions without the need for coding or upfront capital. Focused on supporting small and medium-sized businesses, YouLend utilizes AI for credit risk assessments to ensure quick and accessible funding. The company has experienced rapid growth and operates in multiple geographies including the UK, EU, and US.

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