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DOWSURE AND CHOCO UP TO PROVIDE FLEXIBLE FINANCING AND GROWTH SOLUTIONS TO E-COMMERCE BRANDS IN ASIA
Dowsure , a leading Software-as-a-Service ( SaaS ) for cross-border e-commerce finance , and Choco Up , a revenue-based financing ( RBF ) and growth solutions platform , are partnering up to supercharge Asia ’ s fastest growing direct-toconsumer brands .
As a strategic partner of Amazon , Meta , eBay and Shopee , Dowsure has a strong e-commerce ecosystem in China , while Choco Up specialises in providing innovative funding solution to e-commerce brands . By combining forces , Dowsure and Choco Up are able to help brands and resellers to grow within the e-commerce network .
Keeping up with a trillion-dollar market
With the cross-border e-commerce market projected to reach US $ 7.9 trillion by 2030 , many e-commerce sellers are looking for fast , flexible and founder-friendly access to capital to grow their businesses sustainably .
E-commerce sellers are not compensated immediately upon fulfilment of orders . Platforms may take up to 90 days to repay sellers their full receivable revenue . Such delay pressures cash flow and limits their capacity to reinvest capital into inventing new products , purchasing inventory , scaling marketing and expanding into new markets .
Modern financing for modern e-commerce businesses
Building upon a series of successful partnerships , Dowsure has established a strong network of more than 10 financial institutions . It has also partnered with platforms , like Meta , that can offer loan services to SME advertisers .
However , Dowsure created XFCloud that assists traditional banks and financial institutions in assessing credit granting for the cross-border e-commerce industry . Through XFCloud , Dowsure empowers financial institutions to help them explore more business .
As part of this on-going commitment to empowering e-commerce brands , Dowsure is delighted to introduce Choco Up ’ s revenue-based financing as a valuable addition to its roster of offerings . This innovative funding solution is set to revolutionise the landscape of marketing efforts , providing an accelerated pathway for e-commerce brands looking to scale up their operations .
Choco Up has also partnered with companies such as Stripe and Airwallex , offering integrated payment and finance solution to e-commerce brands across Asia to accelerate business growth . Choco Up ’ s revenuebased financing solution has powerful data integration with various e-commerce platforms . This allows Choco Up to speed up underwriting , automate repayment and provide fast capital so sellers can take advantage of fast-changing markets and demand .
“ This partnership brings the best of Dowsure ’ s XFCloud and Choco Up ’ s revenue-based financing to the e-commerce world ,” said Ryan Liu , Head of Global Partnership of Dowsure , “ With Dowsure patented XF technology , together we offer independent site sellers financing products to finance their future .”
“ We ’ re excited to join forces with Dowsure to offer revenue-based financing and growth solutions for e-commerce brands ,” added Brian Tsang , Co-founder and COO of Choco Up . “ This partnership allows us to support sellers who are looking to expand their business internationally , supercharged by growth capital that ’ s fast , easy and founder friendly .”
As the e-commerce industry continues to thrive and evolve , Dowsure remains committed to championing the aspirations of online merchants by offering them tailored financial solutions . By facilitating access to funding , Dowsure empowers e-commerce brands to achieve their goals , seize new opportunities and solidify their position within the competitive digital landscape . �
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