Daily Markup

Daily Markup #1022: Seedflex & Curlec team up to empower merchants with fuss-free advances within 48 hours to beat the cash flow crunch

July 4, 2024 · 2 min read
Photo credit: Fintechnews

Two is better than one

  • Two 500-backed fintech companies have come together to offer merchants access to an advance of up to 10 weeks of sales with no long forms, no hidden charges, and just a one-time flat fee.
  • The ‘Pay-As-You-Sell Advance’ (PAYS Advance) solution by Seedflex is now available to merchants on Curlec by Razorpay, and advances are repaid through automatic deductions from future sales.
  • This enables Curlec merchants to easily access Seedflex’s PAYS Advance solution by simply registering their interest to receive approval with no activation costs. What’s more, funds will be deposited within 48 hours!
  • Ritwik Ghosh, Co-founder & CEO of Seedflex, shared, “We’re passionate about helping underdog entrepreneurs succeed and believe every merchant deserves a fair chance and the right to access credit. We can’t wait to help Curlec merchants in Malaysia flourish and continue innovating new products that will give them the best opportunity to win.”
  • “Seedflex are a like-minded partner after our true heart to serve the underserved and provide innovative financial solutions to burgeoning entrepreneurs,” added Zac Liew, Co-founder & CEO of Curlec. “Partnering with Seedflex was a perfect alignment and we’re excited to see how PAYS Advance can enable and empower our merchant base to take their businesses to the next level and achieve dreams that they never previously thought possible.”
  • Read the full story here.
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