Adyen introduces 'Capital' service, aiming to offer financial support to Canadian businesses contingent on their sales information.
In a move set to revolutionise the financing landscape for small and medium-sized businesses (SMBs) in Canada, Adyen Capital, a financing solution by the global fintech company Adyen, has been introduced. This innovative offering is designed specifically for SMBs that require quick access to working capital for short-term needs such as managing cash flow or investing in growth.
Eligibility for Adyen Capital is determined and customers are pre-approved based on sales data processed through Adyen’s platform, bypassing lengthy traditional loan applications. This data-driven pre-approval approach allows Adyen to leverage existing transaction data, providing a streamlined process. SMBs using SaaS (Software as a Service) or platform businesses that process payments via Adyen are eligible to receive Capital offers through their platform provider.
Adyen Capital charges one flat, fixed fee, avoiding complex interest calculations or hidden charges that are common with traditional bank loans. The fee structure is designed to be transparent and straightforward, helping business owners to understand the total cost upfront. Repayments are automatically collected as a fixed percentage of the SMB’s daily sales processed through Adyen, aligning repayments with the SMB’s business performance and cash flow, reducing the risk of overburdening during slow sales periods. Funds can be available within hours of application approval, addressing the need for fast access to capital that traditional banks often cannot meet.
The introduction of Adyen Capital in Canada comes at a time when SMBs are the backbone of the Canadian economy, accounting for nearly half of the GDP generated by the private sector. With more than one million SMBs in Canada, this innovative financing solution is poised to make a significant impact.
Adyen, which trades publicly as AMS, has a Canadian headquarters in Toronto and has been doing business in Canada since 2020. The fintech titan, known for its work with notable clients such as Meta and Microsoft, recently released its "2025 Annual Retail Report." The report by Adyen revealed a 47% surge in people using AI to shop, highlighting the company's commitment to staying at the forefront of technological advancements.
Research conducted by BCG, commissioned by Adyen Capital, indicates various reasons for using short-term loans by smaller businesses in Canada. A majority of smaller businesses in Canada use short-term loans, underscoring the need for a more accessible and transparent financing solution like Adyen Capital.
In conclusion, Adyen Capital empowers SMBs with quick, flexible, and transparent access to capital, while providing platforms with a new revenue stream. This innovative financing solution is set to redefine the landscape for SMB financing in Canada.
Adyen Capital, a fintech innovation by Adyen, redefines the business financing landscape in Canada for small and medium-sized enterprises (SMBs) by offering more accessible and transparent financing solutions. The technology-driven approach, which includes pre-approval based on sales data processed through Adyen's platform, streamlines the application process, and presents a significant advantage over traditional bank loans with complex interest calculations.
In the realm of business and technology, Adyen, a publicly-traded fintech giant with notable clients such as Meta and Microsoft, has introduced Adyen Capital, a solution that caters to the growing need for quick and flexible capital among SMBs in Canada, which contribute significantly to the nation's economy.
