Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • ClearCourse appoints new Chair of the Board, Simon Black
  • Lessons From Grenfell Are Still Being Learned
  • Raising Money Where It’s Needed: Westspring Pledges To Raise £50,000 For Charity
  • The True Cost Of Leasing: Why SMEs Are Turning To Serviced Offices
  • 5 ways employers can supercharge their workforce with apprenticeships
  • Take Control of Your Business Finances: “Know Your Numbers” Workshop
  • Planned or reactive maintenance: Which is best for your business?
  • Putting information security first is your first step to building digital trust.
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»Finance»Soldo partners with TRIVER to help its customers boost SME cashflow
Soldo, the spend management fintech, and cash flow financing provider TRIVER have partnered in a bid to tackle the cashflow challenge many UK SMEs are facing.

Soldo partners with TRIVER to help its customers boost SME cashflow

0
Posted By Greg Robinson on May 3, 2024 Finance, News

Leveraging Open Banking data and AI technology, Soldo, the spend management fintech, and cash flow financing provider TRIVER have partnered in a bid to tackle the cashflow challenge many UK SMEs are facing.

TRIVER aims to fund SMEs’ faster and more easily than high street banks. Access to capital is crucial for businesses looking to survive the current economic instability, it alleviates the cashflow problems caused by unpaid invoices with a very simple, flexible, and convenient cashflow financing product.

Carlo Gualandri, CEO and Founder of Soldo said: “We built Soldo because the status quo of Carlo Gualandri, CEO and Founder of Soldomanaging business spend is broken and restrictive to growth. We continue to expand the capabilities of our platform to meet the needs of medium and large enterprises, as well as finding innovative ways to support SMEs. TRIVER mirrors our ambition for this segment and has developed a very compelling proposition, making this partnership a perfect fit.”

With TRIVER, Soldo’s SMEs customers will be able to access financing equivalent to up to 20% of their annual turnover.

TRIVER was created in 2023 and is led by CEO and founder Jerome Le Luel, former Chief Risk Officer at Funding Circle and Global Head of Risk Analytics at Barclays. The fintech gives customers instant access to capital by advancing their invoices, up to £100,000 for each invoice and for a maximum of 120 days. The onboarding process is digital and hassle-free, customers are charged only one simple fee for what they use.

Commenting on the partnership Jerome Le Luel said: “Five million small businesses in the UK CEO and founder Jerome Le Luelgenerate billions of B2B turnover every year. That’s a huge amount of money. It’s also a sum, especially in the current climate, the economy cannot afford to lose out on due to poor access to capital.

“To ensure SME business continuity, short-term financing solutions are vital – which is why we’re delighted to partner with Soldo to roll out a new way to access credit to more entrepreneurs across the country.”

One such joint customer is Sahil Verma, CEO and Founder of Cookaway, a world food platform that allows consumers to access exciting world menus to cook at home.

Mr. Verma has opened an account with TRIVER seamlessly and has been utilising it smoothly, commented   “We’ve been looking to use debt as a funding instrument, and I’ve reviewed several debt-based options in the market over the past few months ranging from business loans to revenue/inventory financing and invoice discounting. When we received the introduction to TRIVER from a trusted company like Soldo, I was intrigued and decided to try. I think TRIVER’s done a fantastic job in the way they onboard a customer, how they very quickly make a decision, set up a credit limit and allow the customer to start accessing the funds straight away. The process exceeded my expectations.”

 

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ClearCourse appoints new Chair of the Board, Simon Black

Take Control of Your Business Finances: “Know Your Numbers” Workshop

Why the crackdown on late payments could be a turning point for SMEs

Comments are closed.

Follow SME Today on Linkedin and share all the topics you find interesting
ISO/IEC 27001 roadmap: A practical guide for UK SMEs
ISO/IEC 27001 roadmap: A practical guide for UK SMEs
Are you a Company Director?
Are you a Company Director - Verify your identity
Personal Pension offer
Events Calendar
    • Marketing
    September 9, 2025

    SEO 101 for SMBs: Reaching Customers with the Right Visuals

    August 29, 2025

    OneMetric forms strategic partnership with RevOps expert to drive UK growth

    • Finance
    September 17, 2025

    Take Control of Your Business Finances: “Know Your Numbers” Workshop

    September 16, 2025

    Why the crackdown on late payments could be a turning point for SMEs

    • People
    September 18, 2025

    ClearCourse appoints new Chair of the Board, Simon Black

    September 11, 2025

    New Chief Revenue Officer joins CBS to drive strategic growth

    • Health & Safety
    September 18, 2025

    Lessons From Grenfell Are Still Being Learned

    September 2, 2025

    1 in 3 employees anxious about lack of first aiders at work

    • Events
    September 9, 2025

    Nominations for the 2026 Bold Woman Award by Veuve Clicquot open

    July 22, 2025

    South West Expo Delivers Outstanding Event at Swindon’s STEAM Museum

    • Community
    September 18, 2025

    ClearCourse appoints new Chair of the Board, Simon Black

    September 18, 2025

    Raising Money Where It’s Needed: Westspring Pledges To Raise £50,000 For Charity

    • Food & Drink
    August 22, 2025

    How to get stocked by major retailers as an SME

    July 18, 2025

    Warning to Small Businesses Over New Food Waste Regulations

    • Books
    September 3, 2025

    New book on conquering fear of public speaking

    August 7, 2025

    Learning to Leave a Legacy in Business

    The Newsletter

    Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

    Sign Up
    About

    SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

    Join Our Mailing List

    Receive the latest news and updates from SMEToday.
    Read our Latest Newsletter:


    Sign Up
    X (Twitter) YouTube LinkedIn
    Categories
    • Books
    • Community & Charity
    • Education and Training
    • Environment
    • Events
    • Features
    • Finance
    • Food and Drink
    • Health & Safety
    • HR & Recruitment
    • In Profile
    • Legal
    • Marketing
    • News
    • People
    • Property & Development
    • Sponsored Content
    • Technology
    • Transport & Tourism
    • Wellbeing & Mental Health
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Editorial Submission Guidelines
    • Privacy
    • Contact
    Copyright © 2025 SME Today.
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Editorial Submission Guidelines
    • Privacy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.