The programme will provide short-term working capital loans in additional countries where the company operates third-party, seller-run marketplaces. Those markets include Canada, France, Germany, India, Italy, Spain, China and the UK. The company had previously provided with supplier financing to businesses in the US and Japan.
The invite-only programme has offered three-to-six month financing of loans up to USD 600,000 for merchants to purchase necessary inventory.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now