Lopay partners with fintech YouLend

Lopay, a London-based payment processing app that focuses on faster payouts and lower processing fees, has announced a strategic partnership with YouLend, a global embedded financing platform.

This partnership integrates access to capital into Lopay’s Point of Sale (PoS) platform- helping SMEs gain a competitive edge in the UK market. Lopay customers will continue benefiting from Lopay’s competitive payment fees while gaining access to capital to tackle the cash flow challenges businesses face daily.

Lopay’s cash advance feature will enhance the customer experience by giving SMEs immediate offers based on their sales volumes in a few clicks and a digital application process that takes minutes to complete. This flexibility is part of Lopay’s goal to allow businesses to invest in growth opportunities, cover unexpected expenses, or just give cash flow a boost without the lengthy approval processes that you’d expect from traditional financing.

"We’re on a mission to be the all-in-one financial partner that truly supports our customers because we know that small businesses are the backbone of our economy," says Richard Carter, CEO & Founder of Lopay.

Since the partnership's launch, Lopay has already provided £1 million in funding within just 3 months post launch, underscoring the strong demand for working capital coming from UK businesses.

Patrick O’Neill, owner of London–based Coggins Taxi Journey, is a prime example of growth achieved through Lopay’s cash advance solution. After receiving flexible offers, Patrick purchased essential car parts to keep his cab fleet running smoothly, which helped double the business’s revenue during the peak summer season.

He shared, “The experience with YouLend's customer service was outstanding—they guided us through every step with ease. This quick access to capital has opened up new opportunities for growth and helped us stay ahead in a competitive market.”

Richard Carter, Founder & CEO at Lopay further adds, “It is heartening to see the positive and very tangible impact of YouLend’s financing solution in boosting our value proposition and solving the core problems of our customers: cash flow issues and access to capital.

The decision to partner with YouLend was an easy choice. Speed is everything, and their ability to rapidly assess creditworthiness goes hand in hand with our goal of providing reliable financial solutions to ensure businesses can grow as much, and as fast, as they desire.”

As the partnership expands, both companies will continue to invest in building the best and most scalable solution for Lopay’s increasing base of customers.

Daniel Sinclair-Taylor, Strategic Partnerships UK & Europe at YouLend, comments, “We have already seen impressive and evergreen business results from the partnership, bringing on significant revenue and retention benefits to Lopay’s platform. Most importantly, it has been a game-changer for their customers who are now effortlessly investing in their growth.”