SellersFunding and Helium 10 in e-commerce seller agreement

|

Valentina Vitali
Valentina Vitali
FXC Intelligence Research Analyst
Valentina is a Research Analyst at FXC Intelligence, the data sister company of FXcompared. Valentina is passionate about payments and fintech. Valentin enjoys analysing money transfer companies and… Read more
  • SellersFunding, which offers a variety of useful financial services to e-commerce sellers across the globe, specialises in working capital provision.
  • It will work alongside the software provider Helium 10 to provide users with more options when it comes to managing their business finances and ensuring that they can meet their obligations.
  • The features offered to e-commerce sellers in the newly combined arrangement will include integration with tax payment functions, currency conversion and much more.

A major fintech provider in the US operating in the e-commerce space has confirmed that it will work alongside software provider Helium 10.

SellersFunding is going to collaborate with Helium 10 to enhance its financial service product offer for sellers on the website Amazon.

Helium 10 provides a centralised software package to these merchants, and the new arrangement will enhance this product offering.

The assistance that SellersFunding provides to Helium 10 will mean that Amazon merchant end users will be able to more easily acquire working capital designed to help them take their businesses to the next level.

The current software package also means that sellers can accept incoming cross-border payments from Amazon marketplaces around the world.

A currency conversion facility is also included in the system, and it is possible for supplier payments to be settled either at home or further afield.

Finally, there is also an option for tax payments – such as Value Added Tax or General Sales Tax – to be administrated from within the platform.

SellersFunding describes itself as a financial platform developer, and is known for specialising in e-commerce ‘marketplace’ selling in particular – offering working capital, cash flow assistance and more.

In statements to the press, senior figures at both firms emphasised the benefits that the new collaboration would bring.

John Gjeldum, who serves as the vice president of product at Helium 10, said that he understood the unusual situation that many e-commerce merchants found themselves in when it comes to cash flow and more.

“We know e-commerce sellers have unique financial needs when building their businesses, whether it’s providing access to capital, helping improve cash flow, navigating the expansion to new geographies or enabling payments to suppliers worldwide,” he said.

He added that his firm was looking forward to giving merchants the chance to improve their business prospects.

“Alta by Helium 10 is an all-in-one platform built specifically for today’s seller. Helium 10 is excited to continue to support our customers and provide solutions to accelerate their growth,” he said.

Ricardo Pero, who is the chief executive officer of SellersFunding, expressed a similar view.

“Our goal is to collaborate with world-class e-commerce platforms and partners like Helium 10 to make running an Amazon store as easy and efficient as possible,” he added.

Do you need a new international money transfers provider to ensure that you can get your cash sent from A to B?

If so, we’re on hand to help – just visit our reviews page to find the perfect provider for your needs.


Most Read

Use Our Currency Comparison Tool

Select country...

Select country...

Send

Editor's Choice

FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.