LONDON, UNITED KINGDOM, 22^nd FEBRUARY 2024 – We’re delighted to announce that Satago is now available on NayaOne’s Technology Marketplace, making the leading cash flow management solution provider now accessible to a wide range of financial institutions, through NayaOne’s Digital Transformation Platform. 

Satago provides embedded solutions to banks and lenders working with SMEs, enabling them to offer access to working capital solutions quicker than ever before. Effective cash flow management is critical for SMEs to grow, and Satago has the tools they need to do it. 

Historically, it’s been expensive, time-consuming, and complicated for banks and lenders to build solutions in-house or acquire solutions providers.  

Satago is a complete cash flow and finance solution, enabling banks and lenders to offer digitised solutions to SMEs, seamlessly delivered within the platform their customers already use and trust.  

Satago integrates into any app that produces or processes an invoice to enable SMEs to access these tools including automated Credit Control, real-time Risk Insights and flexible Invoice Finance as part of an existing client journey. This makes it easy for large banks to digitise, and upgrade their services, with award-winning, market-ready solutions.  

Through the NayaOne platform, these larger institutions will not face the typical difficulties they often have in scoping out and attempting to digitise, upgrade or expand their product suite. Satago’s solutions are highly modular and customisable and can be integrated as a Lending-as-a-Service, White-label or embedded proposition. For one, this means larger institutions serve SME customers with a broader suite of solutions and support, beyond their traditional lending, or cash flow management products. In addition, no ticket is too small, thanks to the scalable, cloud-based, flexible structure of Satago solutions.   

NayaOne’s marketplace allows its members to partner the strength and trust of their established brands with award-winning tools like Satago’s, bridging the capability gap which restricts banks or Financial Institutions’ from more ambitious corporate innovation strategies. Via NayaOne’s Digital Transformation Platform, they can select any integration style they choose to best reach their customers. 

Some of the partner benefits offered by Satago include: 

• Digitising their current offering – Satago removes most manual activity that historically would slow down the decision-making and impact customer experience. A smoother, easier and faster customer experience means that borrowing customers are more likely to return. 

• Offering a new form of finance – Businesses who do not currently offer digitised invoice finance are able to work with a best-in-class solution, that takes a fraction of the time to set up and significantly cheaper than trying to build in-house, or through acquisition. 

• Adding value to clients – Satago supports businesses with access to real-time risk insights and automated credit control, too. This can be embedded into an existing banking system so their clients can make smarter decisions when doing business and save time and effort chasing late payments.  

NayaOne provides a digital transformation platform where innovation and collaboration thrive, as they bring bank-fintech partnerships together for innovation. We’re delighted to be partnering with them. We’ve built tried and tested tools and are excited to connect with the world’s biggest financial companies to help support their thousands of customers. 

Adam Edwards, Director of Growth & Product, Satago

We’re happy to welcome Satago to the NayaOne marketplace! Their cash flow management solutions empower banks to offer fast, flexible lending and essential financial tools, streamlining services for a more prosperous automation. 

Oli Platt, Product and Marketplace Manager, NayaOne

Customer Case Study: Sage  

In partnership with Sage, Satago have launched an embedded finance feature available to their Sage 50 customers, closing the loop on an end-to-end cashflow management product. Sage are now able to offer Satago’s cashflow solutions and financing offerings to their Sage 50 SME users, directly within their ecosystem. The first partnership and integration of its kind in the UK, this is a truly embedded Invoice Finance platform delivered through an Accounting Software Provider.  

What’s more, Satago is the most flexible Invoice Finance offering in the UK market, allowing for seamless switching between Selective and Full Financing as the borrower requires. Sage 50 customers can apply for finance in minutes and receive funds within days, up to £2 million. No matter the size, industry or ambition of the customer seeking finance, Sage can help their users to stabilise and improve their cashflow, without impacting their bottom line or workload. Finally, the embedded Credit Control and Risk Insights solutions let Sage provide greater tracking for customer invoices, supporting debt verification and offering real-time risk insights – the partnership is a win-win for Sage and their thousands of SME customers, alike.  

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About Satago 

Satago is an award-winning technology platform designed to take the pain out of B2B payments. Satago enables businesses, and accountants who advise them, to reduce credit risk, improve debtor management and access fast, flexible Invoice Finance – all within one smart platform. We work with Banks, SME lenders, Accounting Tech who can embed, white-label or integrate directly to Satago to support their SMEs grow sustainably. 

About NayaOne  

NayaOne is a leading financial technology company focused on bringing financial institutions and the fintech ecosystem together to accelerate digital transformation and innovation in the financial services industry. NayaOne’s platform provides a single point of access to the latest fintech innovations and data, enabling financial institutions to stay ahead of the competition in a rapidly changing digital landscape.