Buckaroo and YouLend launch Buckaroo Capital

Payment service provider Buckaroo and fintech YouLend are launching Buckaroo Capital during the Webwinkel Vakdagen, a new financing service for entrepreneurs in the Benelux. Entrepreneurs will soon be able to access flexible working capital directly via the Buckaroo portal, based on their own transaction data.

With Buckaroo Capital, entrepreneurs gain insight into the financing options available to them. They can then apply for this directly from their existing payment environment. Payment takes place automatically through a percentage of future revenue. This means repayments move in line with the company’s actual sales.

Many entrepreneurs find it difficult to quickly obtain financing through traditional banking channels, where application procedures are often lengthy and complex. By using transaction data from the Buckaroo platform, financing can be offered faster and tailored to the company’s current revenue.

“Many entrepreneurs need quick access to working capital without lengthy application procedures,” says Paul Scholten, CEO of Buckaroo. “By linking financing to transaction data from our platform, entrepreneurs can invest in the growth of their business more quickly.”

With Buckaroo Capital, the company is further expanding its services for its more than 54,000 customers in the Benelux with embedded finance solutions, where various financial services are directly integrated into the payment platform that customers use daily. Buckaroo intends to add more embedded finance solutions in the near future. An example of this is the recently announced partnership with Bizcuit, which strengthens integration with accounting software.

The financing infrastructure behind Buckaroo Capital is provided by YouLend, an international specialist in embedded finance. YouLend has been working with Buckaroo for a long time and sees this joint solution as a strategic strengthening of the partnership.

“By integrating our technology into the Buckaroo platform, we make YouLend financing more accessible to entrepreneurs in the Benelux,” says Luuk Visschedijk, Head of Strategic Partnerships at YouLend. “Within their existing environment, they can immediately see what financing is available and make efficient use of it.”