- LianLian Global, which is a provider of cross-border payments services, has confirmed that it will be expanding its digital payments offer into the UK to help merchants operating in places such as China and the US.
- Merchants will be able to pay suppliers, receive funds and manage foreign exchange risk using the platform.
- “We are rapidly expanding our service capabilities to help cross-border ecommerce businesses access the funding they need in Q3 to succeed in Q4,” said a senior figure at LianLian Global.
LianLian Global, a provider of cross-border payments and cheap money transfer services, has confirmed that it will be expanding its digital payments offer into the UK.
The firm aims to help UK-based merchants and ecommerce entrepreneurs make and receive faster payments in key markets such as the US and China.
Through the platform, merchants will be able to pay suppliers, receive funds and manage foreign exchange risk, as well as access up to $10m of financing through LianLian Global to help scale their business.
The service is currently offered in the US, and was brought there at the end of Q2 2022.
The company offers services on marketplaces such as Amazon, Fruugo, Allegro, Rakuten, Shopify, and many others.
“We are delighted to expand our cross-border digital payments platform to Europe with the UK launch of our product,” said David Messenger, who is the executive chairman of LianLian Global.
“This is an evolution of our globally trusted platform that our customers have come to rely on.
“Additionally, we are rapidly expanding our service capabilities to help cross-border ecommerce businesses access the funding they need in Q3 to succeed in Q4.
“We know from listening to our customers worldwide that delayed or interrupted payments can have a crippling impact on any business, especially small eCommerce companies and suppliers who are more vulnerable to cash flow challenges,” he explained.
“We give them the flexibility and confidence to make and receive cross-border payments reliably and efficiently.”
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