Product
75% faster payouts

B2B marketplaces are growing rapidly, with transaction volumes increasing as more buyers and sellers rely on these platforms. To support this momentum, marketplaces turn to embedded finance solutions to meet the working capital needs of both sides—offering buyers flexible payment terms and providing sellers with upfront payouts.
While upfront payouts have become the norm, sellers are increasingly looking for near-instant payouts. To help marketplaces meet these expectations, we have introduced upgrades that make payment processing 75% faster and more efficient, boosting marketplace competitiveness and increasing operational efficiency.
Streamlined payment requests with 50% less manual effort
We have consolidated payment request creation into a single dashboard view and reduced manual data required by 50% as well as suggesting inputs and pre-filling fields.
For marketplaces managing frequent or bulk payments, we have introduced a bulk upload feature, allowing multiple payment requests to be processed at once using a simple template — eliminating the need to submit requests individually.
Reduced friction in payment request creation
Users can now view available buyer limits, detailed fee breakdowns, and upload supporting documents proactively while creating payment requests. As a result, asynchronous documentation requests and resubmissions of payment requests due to exceeded limits have been eliminated.
Boost customer loyalty with 75% faster payouts
These improvements have resulted in 75% faster payouts than before by streamlining operations. A simplified payment request flow, reduced manual effort, and reduced friction points eliminate delays, ensuring a quicker, more efficient process. As a result, sellers access funds sooner, fostering happier, long-term customers.
Ajaz Ahmed, CFO at Romco, highlights: "Thanks to finmid’s updated dashboard, which is easy to use and helps manage cross processes and decisions, we have significantly cut our payout processing time. The ability to view buyer limits, combined with the streamlined workflow, means we get funds faster, and our team spends less time on admin tasks. It has been a win-win for everyone."

About finmid
finmid is the financing infrastructure powering platform growth. With its API, finmid enables platforms to launch tailored financing products for their business customers at scale – across industries, borders, and business models, driving revenue, improving retention, and fueling the growth of their core business. Founded in Berlin in 2021, finmid is trusted by Europe’s most ambitious platforms and backed by world-class investors. Learn more at finmid.com.
You might also like
Product
finmid unveils a range of upgrades to its B2B Payments dashboard

Basel Abdallah
10.09.2024
Customer stories
Soplaya’s journey streamlining European B2B food supply

Max Schertel
23.07.2024