Curlec by Razorpay, a fintech payment gateway in Malaysia, has partnered with Singapore’s Seedflex Technologies to launch the Pay-As-You-Sell Advance (PAYS Advance) for its Malaysian merchants. This new solution provides businesses with up to 10 weeks of sales revenue as an advance, designed to make cash flow management easier and more flexible.
The Shariah-compliant PAYS Advance comes with a transparent one-time fee and is repaid automatically from future sales, ensuring a hassle-free experience.
Curlec merchants can quickly access the PAYS Advance by registering interest, with funds deposited within 48 hours after approval. “Partnering with Seedflex was a perfect alignment,” said Zac Liew, CEO and Co-founder of Curlec. “We’re excited to see how PAYS Advance can enable and empower our merchant base to take their businesses to the next level.”
Seedflex CEO and Co-founder Ritwik Ghosh shared similar enthusiasm, stating, “We’re passionate about helping underdog entrepreneurs succeed and believe every merchant deserves a fair chance and the right to access credit.”
Curlec and Seedflex’s partnership aims to provide a fast, reliable, and easy-to-access financing solution that supports Malaysian businesses in their growth journeys.
Article from Fintech News Malaysia. Read more here or in the PDF below.
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