Ezbob Launches Microfinancing Service For UK Online Sellers To Compete With Iwoca
Ezbob is a new microfinancing company for online merchants which launches this week in the UK. It makes working credit of up to £20,000 available instantly to eBay and Amazon Marketplace sellers through automated underwriting. In this space there is Iwoca in the UK, but they only cater to ebay sellers. Ezbob covers both eBay and Amazon, a more more difficult 'nut' to crack. In the US, Ezbob would be similar to Kabbage, which has yet to scale internationally.