Yapily, a leading open banking provider, has announced a new partnership with Uncapped, a fintech company ‌that provides revenue-based financing solutions for e-commerce businesses.

This partnership will allow Uncapped to leverage Yapily’s open banking technology to more efficiently assess‌ and⁤ underwrite‍ financing for e-commerce merchants. By‌ accessing real-time financial data through Yapily’s API, Uncapped will be ⁢able to make faster and more accurate funding decisions, ultimately helping e-commerce businesses access the ⁣capital they need to grow⁣ and succeed.

“We are thrilled to partner with Uncapped and‌ support their mission of democratizing access to capital‍ for e-commerce businesses,” said Stefano Vaccino, CEO ⁤and co-founder of Yapily. “By providing‌ them with access to real-time financial data through our ‌API, ‍we‌ believe we can help Uncapped streamline their⁤ underwriting process​ and provide more flexible ‌financing ‌options to their clients.”

Uncapped’s revenue-based financing model allows e-commerce businesses to access funding without giving up equity or taking on‌ debt. Instead, businesses repay the funding through a‍ percentage ⁣of their ⁤future revenue,‍ making it a more flexible and sustainable ​financing option for many e-commerce merchants.

“Our partnership with Yapily is a‍ game-changer for us,” said Asher Ismail,‌ co-founder of Uncapped. “By harnessing ⁣the power of open banking, ⁣we can⁣ now offer even⁤ faster and more tailored financing solutions⁤ to our clients, helping them grow and‌ scale their ‌businesses with ease.”

With the rise of e-commerce and the increasing need​ for fast, flexible ⁤financing solutions,‌ the partnership between⁣ Yapily​ and Uncapped is poised to make a significant impact on the ‍industry.‍ By leveraging the latest ⁢technology ‌and financial data, e-commerce businesses ‍can access the capital they need to thrive in today’s competitive market.