DNA Payments links up with iwoca

This partnership brings new liquidity options to retailers using DNA Payments for their transaction processing. Through a direct integration with iwoca, merchants can now access business loans ranging from £1,000 to £1 million directly through their existing payment portal. For the operator, this eliminates the friction of traditional bank applications. You can use your actual transaction data within the portal to streamline the lending process. While this specific update focuses on the UK market, it highlights a growing global trend: payment processors are no longer just tools for taking customer money. They are becoming central hubs for business growth capital. The integration allows for 'Flexi Loans,' which are designed to help small and medium-sized businesses manage cash flow gaps or invest in new inventory. If you are a merchant looking to scale, these embedded finance options often provide faster approvals and more flexible terms than traditional lenders because the lender has a clear view of your daily sales volume.

Source: Finextra — Lending

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