Continued growth in retail e-commerce fuels sellers’ need for access to funds for buying inventory, expanding business, daily Amazon payments and more.
New York, NY, Oct 03, 2020 /prREACH/ -- Today SellersFunding, a leading fintech provider for e-commerce sellers, formally announced the fully launched and ongoing partnership with Helium 10 to power its financial services platform.
Recognizing the unique financial needs of e-commerce sellers, Helium 10's leading all-in-one software suite for Amazon sellers determined that integrating the financial tools of SellersFunding with their existing platform would further create a seamless user experience and expanded tool suite.
"SellersFunding's mission is to have a laser focus on helping Amazon sellers grow their businesses through access to working capital and financial tools," said Ricardo Pero, Chief Executive Officer of SellersFunding. "Our goal is to collaborate with world-class e-commerce platforms and partners like Helium 10 to make running an Amazon store as easy and efficient as possible."
Key features of Alta include:
- Access to working capital to scale e-commerce businesses
- Receive Amazon payments daily from multiple regional marketplaces
- Collect global marketplace payouts and easily convert currencies
- Pay business expenses and suppliers locally or abroad, from one platform
- Easily register and file for VAT and GST in multiple countries
"We know e-commerce sellers have unique financial needs when building their businesses, whether it's providing access to capital, helping improve cash flow, navigating the expansion to new geographies or enabling payments to suppliers worldwide," said John Gjeldum, Helium 10's Vice President of Product. "Alta by Helium 10 is an all-in-one platform built specifically for today's seller. Helium 10 is excited to continue to support our customers and provide solutions to accelerate their growth."
According to eMarketer, global retail e-commerce sales account for approximately $4 trillion out of the estimated $25 trillion in total global, omnichannel retail sales. With the global health pandemic in 2020, eMarketer is reporting more double-digit growth for e-commerce, including a surge in click-and-collect shopping as well as the use of pickup lockers.
"The ability to source and manage capital while staying compliant with the international laws and regulations is an important part of that process, especially in the environment as volatile as the one we are facing today," said Bojan Gajic, Helium 10's Chief Operating Officer." Alta addresses that need and removes another obstacle on the Helium 10 customer's road to success."
About SellersFunding: SellersFunding is a developer of a financial platform designed to provide financial services focused solely on online marketplace sellers. The company's platform provides working capital, marketplace payment advances, and a robust global currency and payments platform, largely using a proprietary machine-learning model that incorporates speed, ease of use for the customer, and cross-border capabilities not common in the finance world. For more information, visit https://www.sellersfunding.com.
About Helium 10: Founded in 2016, Helium 10 is an all-in-one software suite of Amazon sellers and major global brands. Helium 10 offers Amazon product research solutions, keyword research, listing optimization and maintenance, account alerts and automation, inventory monitoring, email marketing, financial analytics, and reimbursement assistance. The company has helped over 250,000 sellers scale their businesses on Amazon. Helium 10 strives to deliver highly accurate, data-driven, comprehensive software to Amazon sellers everywhere. Helium 10 is headquartered in Irvine, California, with multiple satellite offices and rapid growth worldwide. For more information, visit Helium10.com.