- UK-based YouLend announces private securitization deal with JP Morgan.
- The deal enables YouLend to extend £4 billion in revenue-based financing to SMEs.
- SMEs can access financing through global e-commerce sites, tech companies, and payment service providers like Amazon, Dojo, and eBay.
- YouLend’s AI-driven model aims to increase financial inclusion for underserved SMEs.
- Deal with JP Morgan expected to reduce YouLend’s cost of capital, supporting competitive rates.
- YouLend celebrates a recent milestone, providing 150,000 instances of funding for SMEs since 2015.
- Private securitization transaction completed with JP Morgan as senior lender and Castlelake providing subordinate debt.
- Anders Thorpe Christoffersen, CFO of YouLend, emphasizes dedication to SME growth and financial stability.
