Beelivery drives up profit with UNIPaaS embedded payments solution
By FF Newsroom · 21 September 2022

UNIPaaS, an embedded finance solution for digital marketplaces and B2B SaaS companies, today announced that Beelivery, a UK on-demand grocery delivery company has implemented UNIPaaS’ payment platform to resolve legacy issues with traditional payment providers, improve customer experience and operational efficiencies, whilst providing a solid foundation to unleash its ability to scale without increasing headcount.
The rapid growth of online grocery delivery platforms spiked during the pandemic due to lockdowns and stay-at-home advisories. These platforms became the darlings of venture capital firms and investment reached $18.5 billion in 2021. Post-Covid, in 2022 the market trend changed, and the rapid grocery delivery market faced a downward turn, which compelled platforms to improve their operational efficiency and reach positive unit economics.
On its path to profitability, Beelivery has chosen to engage its payment operation and tackle barriers such as manual intervention and reduce the use of multiple payment systems.
Through its collaboration with UNIPaaS, Beelivery achieved the following results:
- 3 payment platforms merged to create one complete end-to-end flow.
- Thousands of suppliers onboarded within 30 days via an automated process of KYC and KYB checks.
- Increased compliance through KYC and KYB checks.
- Driver payout time reduced from 2-12 hours to 10 minutes.
- Increased visibility of outbound payments to customer service through the UNIPaaS portal.
- Instant refund solution.