MUFG Innovation Partners invested in SellersFi.
MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), has recently invested in Sellers Funding Corp. (SellersFi) through MUFG Innovation Partners No. 2 Investment Partnership.
Name : Sellers Funding Corp.
Date of Establishment : June, 2017
Headquarters : Florida, USA
CEO : Ricardo Pero
SellersFi is a U.S. startup focusing on credit and banking solutions specifically for global e-commerce sellers under the concept of “Accelerating E-commerce Success.
Founded in 2017, SellersFi is headquartered in the United States and provides credit solutions and a banking platform for e-commerce merchants selling on digital marketplaces. SellersFi’s platform is directly connected to more than 10 marketplaces such as Amazon, Walmart, Shopify, and eBay via deep API integration, allowing them to extract a variety of real-time seller data types, including real-time sales data, market share, rankings, and number of reviews. By utilizing data points that are unique to the e-commerce business and leveraging its proprietary underwriting algorithm to determine sellers’ credit, SellersFi is able to quickly provide an optimal lending service for e-commerce sellers that need growth capital.
As the e-commerce sector is expected to continue growing in Japan and Southeast Asia, MUIP looks explore the possibilities of business development in Asia Pacific collaboration with SellersFi.
MUIP was established in January 2019 as the corporate venture capital of Japan’s leading financial group, MUFG, to promote its open innovation strategy.
MUIP currently runs 5 funds (about 650 million USD in total), working on strategic investments in startups globally and driving business collaboration between the startups and MUFG group companies.
For more information, visit https://www.ip.mufg.jp/.
SellersFi is a pioneering fintech company specializing in e-commerce financing solutions. Our cutting-edge platform empowers e-commerce sellers to streamline their cash flow management, access working capital, and propel their businesses to new heights. Our mission is to provide seamless financial solutions to online sellers, enabling them to thrive in the competitive e-commerce landscape.
For more information, visit https://sellersfi.com/