
Yufin
Merchant platform that enables under-served SMEs in emerging markets to access the digital economy.
Date | Investors | Amount | Round |
---|---|---|---|
* | $1.0m | Seed | |
Total Funding | 000k |
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Yufin is a global platform designed to empower small merchants, particularly women, by providing better financial services and access to working capital. The company operates in the financial technology (fintech) sector, focusing on underserved markets where traditional banking services are limited or inaccessible. Yufin serves small merchants, their shoppers, and suppliers, helping them digitize transactions, simplify ordering, and benefit from group buying for better prices.
The platform enables small merchants to accept popular digital payment tools, which helps them avoid losing sales and allows them to gather valuable customer data. By integrating digital channels into physical stores, Yufin enhances the financial capabilities of these merchants, making them preferred hubs for banking and credit services in their communities.
Yufin's business model revolves around providing loans and credit lines to small merchants, facilitating digital payments, and offering tools for better financial management. The company makes money through interest on loans, transaction fees from digital payments, and possibly subscription fees for using its platform.
In summary, Yufin is dedicated to transforming the financial landscape for small merchants by offering accessible and efficient financial services, thereby enabling them to grow and support their families and communities.
Keywords: fintech, small merchants, digital payments, working capital, credit lines, financial services, women empowerment, underserved markets, group buying, transaction digitization.