Adyen launches Capital lending product for small businesses

Adyen launched product launch on October 31, 2022.

Primary

Adyen

Structure

product launch

Date

October 31, 2022

Sub-sector

Lending Tech (SMB)

Adyen expands merchant services with API-powered lending using payment data, competing with PayPal and Square for small-business credit share.

Primary company

Adyen

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 31, 2022

Sub-sector

Lending Tech (SMB)

HQ

Not disclosed

Structure

product launch

Source published

October 31, 2022

Publisher

American Banker

Source: americanbanker.com