fintech / news / / The Manila Times
Fresha selects Adyen to offer fast, flexible capital to beauty and wellness businesses.
Fresha Capital, powered by Adyen, is now live in seven global markets, having issued $5.5 million.
KEY POINTS
- Fresha Capital loans are pre-approved based on sales, ranging from $500 to $50,000, with instant access.
- Repayments are automated as a daily percentage of sales, with no fees for early or late payment.
- Adyen assumes all lending and credit risk, enabling Fresha to offer risk-free revenue from embedded finance.
- 80% of businesses accepting an Adyen Capital offer take a second loan, indicating high satisfaction.
COMPANIES
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