Payment technology provider, Dojo has once again reflected its commitment to helping its small to medium business (SME) customers achieve greater growth and scalability while maintaining financial stability as it extends its financing options to its customers in Spain.
This move was made possible following a partnership with the embedded financing platform, YouLend. As a result of the collaboration, Dojo customers can access personalised financing options, and consequently navigate cash flow challenges or invest in business growth. This will be particularly impactful for SMEs which have previously struggled to secure financing through traditional means.
YouLend’s AI-powered platform analyses key business metrics to offer financing that aligns with the individual needs of each SME.
Jesús Molina, head of partners at Dojo Spain
“More businesses are telling us about the challenges they face when investing in digital transformation to secure their financial future. This partnership provides SMEs with the tools to keep advancing without worrying about their financial footing,” said Jesús Molina, head of partners at Dojo Spain.
Aiding Spanish businesses
Ariam Rodríguez Pou, country head for YouLend Spain
Dojo customers can apply for funding between €3,000 and €100,000, with minimal requirements. Firstly, businesses must have been operating for at least three months. Secondly, they must generate more than €1,000 in monthly sales through Dojo’s card machines. Repayment is streamlined, with financing repaid as a fixed percentage of future sales, automatically adjusting based on the business’s revenue flow.
Ariam Rodríguez Pou, country head for YouLend Spain adds: “We’ve been partners with Dojo in the UK since 2020. We’re thrilled to extend our collaboration to Spain. This partnership reflects the strong demand from Spanish small businesses for fast, flexible, and affordable working capital. Now they will be able to invest and take their business to new heights. It’s been a pleasure working with the Dojo team to bring our advanced SME financing solution to the Spanish market.”
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