JPMorgan and YouLend: Closing the Funding gap for SMEs

YouLend has Completed a Private Securitisation Transaction with JPMorgan as a Senior Lender. Picture: JPMorgan
Having Completed a Private Securitisation Transaction with JPMorgan as a Senior Lender, YouLend is able to Extend more than US$5bn in Additional Financing

YouLend has already grown to the point where it has become the preferred global embedded financing platform for many of the world’s leading e-commerce and payments platforms.

eBay, Shopify, Dojo, Mastercard, Google, Just Eat and takepayments are just a handful of the firm’s big-name clients. 

And now, having completed a private securitisation transaction with JPMorgan as a senior lender and Castlelake providing subordinate debt, YouLend is in a position to extend more than US$5 billion in additional, revenue-based financing to SMEs.

Partnering with J.P. Morgan demonstrates a commitment to closing the funding gap for SMEs, thus powering the backbone of the economy.

Anders Torpe Christoffersen, CFO at YouLend

“This partnership with J.P. Morgan is a critical milestone for YouLend,” comments Anders Torpe Christoffersen, CFO at YouLend.

“The deal underscores our dedication to fuelling the growth and financial stability of SMEs.” 

Empowering SMEs with embedded finance

YouLend’s sophisticated, AI-driven decision-making model boosts financial inclusion by building an accurate picture of a business’ health and opening finance up to the most under-served SMEs.

The financial boost from J.P. Morgan will extend YouLend’s origination volumes as it works to empower a rapidly increasing number of businesses across the UK and EU with access to seamless embedded finance experiences. 

Reducing YouLend’s cost of capital supports its ambition to offer the most competitive rates and market-leading terms for global partners and their merchants. 

Ahmed Bakkar, Executive Director at JPMorgan

“We are pleased to establish this new financing facility with YouLend,” adds Ahmed Bakkar, Executive Director within the Securitized Products Group at JPMorgan. 

“Looking ahead to 2024 and beyond, we are excited about the prospects of enabling YouLend to expand its credit offerings to UK and European small businesses. 

“With SMEs accounting for around 50% of UK GDP and serving as an engine of growth for the UK economy, we are delighted to provide this facility to YouLend, supporting the growth of the specialist lending sector and facilitating the availability of capital to creditworthy businesses.”

YouLend’s growth continues

This latest deal follows a major lending milestone reached by YouLend, which recently celebrated the provision of 150,000 instances of funding to SMEs across the UK, EU and the US since its launch back in 2015. 

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It’s estimated that YouLend-backed SMEs have experienced a 26% uplift in sales in the 6 months following funding, contributing US$8.6bn in revenue to the GDP across YouLend’s core markets. 

J.P. Morgan, meanwhile, has joined active capital providers to YouLend including Allianz Global Investors and Castlelake, L.P. 

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