Sellersfunding makes significant infrastructure investments for Australia’s growing e-commerce industry

SellersFunding, a leading fintech provider for Amazon and other vendors in the e-commerce marketplace, has announced its expansion into the rapidly growing e-commerce industry in Australia with local infrastructure to support its platform. global form of loan and payment.

NEW YORK, NY / ACCESSWIRE / October 18, 2020 / SellersFunding, a leading fintech provider for Amazon and other vendors in the e-commerce marketplace, has announced its expansion into the rapidly growing e-commerce industry in Australia with local infrastructure to support its platform. global form of loan and payment.

Australia’s growth in this space is accelerating, according to the Australian Online Shopping E-Commerce Industry Report 2020. In April, 5.2 million households shopped online, up 31% from the 2019 average. In addition, in the first eight weeks after the World Organization announced the pandemic Health, e-commerce in Australia grew 80% on a year-over-year sales basis. .

“SellersFunding provides alternative capital solutions to sellers in the Amazon Marketplace, and we are excited to expand into Australia with our expertise in lending, daily advances and cross-border payments,” said Ricardo Pero, CEO of SellersFunding . “Amazon Australia is well positioned to grow in its strong e-commerce industry, and we are ready to help sellers start or grow their business. “

While Australia has developed a strong financial system over the past decades, the adoption and development of financial tools specifically aimed at online sellers has lagged behind.

“E-commerce entrepreneurs are a unique type of business owner, many of whom trade globally without the support of global banking and lending systems,” said Tim Jordan, director of growth for SellersFunding. “Our platform and services solve this problem, and we see the need to support sellers in the Australian markets as well as the Australian markets themselves as a top priority for us. “

The SellersFunding model is unique. It provides working capital of up to $ 1 million (or the equivalent directly in AUD) to local e-commerce sellers, but whose business may be primarily based overseas (such as in the United States). It also streamlines integration and ease of use with its proprietary algorithm to forecast market sales growth potential, coupled with in-depth market analyzes. In addition, global currency accounts allow for streamlined transactions in over 200 countries.

“As we onboard and finance our first Australian customers,” Pero continued, “we are delighted to see the joy of capabilities expressed by market sellers. We are here to help them be successful.”

For more information on SellersFunding, please visit its official website.

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Twitter: https://twitter.com/@Sellers_Funding
Facebook: https://www.facebook.com/SellersFunding/
LinkedIn: https://www.linkedin.com/company/sellersfunding/>
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About Us: SellersFunding operates a global financial platform, which provides financial tools focused only on online market sellers. Its machine learning model provides working capital to businesses often ineligible due to its global expansion, coupled with a robust exchange and currency transfer system, making it a “one stop shop” for market sellers. .

Contact information:
Name: Lara Wyss
Email: send an email
Organization: Vendors Funding
Address: 450 Lexington Ave 4th Fl, New York, New York, 10017, USA
Telephone: 206-487-4570
Website: https://sellersfunding.com

THE SOURCE: SellersFinancing

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https://www.accesswire.com/610989/Sellersfunding-Makes-Large-Infrastructure-Investment-in-Australias-Booming-E-Commerce-Sector