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PayPal UK Crosses £1 billion Mark
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PayPal UK Crosses £1 billion Mark

PayPal UK Crosses £1 billion Mark

Fintech Nexus Staff·
EuropeFintechNews Roundup
·Mar. 6, 2019·1 min read

PayPal Working Capital has been a quiet achiever in the UK and announced today they have crossed £1 billion in small business loans in the UK; PayPal currently offers a cash advance against future sales through their online offering; this marks a 60% increase from £625 million to £1 billion in 2018; PayPal Working Capital first launched in 2014 and PayPal recently announced that they have increased the maximum advance amount from £100,000 to £150,000. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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