Youlend secures $1B financing facility from Castlelake for US expansion with Etsy and FreshBooks while Dojo partnership surpasses £1B in UK SME lending.
British embedded lending infrastructure provider Youlend has announced a new $1 billion financing facility from Castlelake (Finextra). The global alternative investment firm Castlelake has supported Youlend in Europe already with subordinate debt in 2023 via it’s private securitisation deal with J.P. Morgan. The new partnership is solely focused on the US, where Youlend has announced new strategic partnerships with Etsy, FreshBooks, and Paysafe. At the same time, Youlend’s British fintech partner Dojo announced that it has extended over £1 billion in funding to British SME’s since the launch of the cooperation in 2020 (Fintech Finance News).
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EAM's Savin launches Germany's first embedded investment product in energy. Customers combine electricity payments with automated savings and investment.
Lyft launches Cash Rewards, a prepaid wallet offering up to 5% cashback on rides. The closed-loop stored value account combines loyalty rewards with embedded finance to increase customer retention.
Holiday rental platform Travelnest launches payment product with MangoPay to optimize fund flow for European property owners. How embedded payments create strategic positioning in money flow.
EAM's Savin launches Germany's first embedded investment product in energy. Customers combine electricity payments with automated savings and investment.
