YouLend, a global embedded financing platform for e-commerce, payment and technology platforms, formed a multi-year financing partnership with Värde Partners, a global investment firm, to further expand its capital base in the United States. The financing is structured as a forward-flow agreement with potential for Värde to purchase up to $225 million in receivables originated by YouLend.
The new facility will fund YouLend’s originations in the U.S., further allowing YouLend to support SMBs.
“Securing this facility is a significant step in scaling our U.S. platform,” Gaurav Maheshwari, head of capital markets at YouLend, said. “Värde’s deep experience in U.S. asset-backed credit and specialty finance makes them a strong partner as we continue to invest in our U.S. capabilities and meet growing merchant demand in this core market.”
Nikhil Gupta, managing director at Värde Partners, added, “Värde is pleased to support YouLend’s efforts to expand its capital base in the U.S., and we look forward to fostering a long-term partnership as YouLend continues to scale its footprint globally. This was an attractive partnership for us, particularly as YouLend operates in a market we know well, having ourselves financed numerous fintech payment processing platforms over the years.”
