CasesiZettle

iZettle

Scrive helps iZettle dynamically offer and close small business loans on the fly

Area

Enterprise, Financing, Fintech
iZettle case study | Scrive

Small business loans on the fly

eSign is the key that makes it possible for small business owners to formalise pre-approved financing on any device

Case study

iZettle

“Today there’s nothing stopping us from realizing the vision we have with iZettle Advance in collaboration with Scrive.”

Alexander Gernandt Segerby
Business Strategy Manager, iZettle
Challenge

The missing link in a breakthrough solution

iZettle’s mission is to provide small businesses the same business services normally accessible only to larger enterprises. Efficiently and affordably.

iZettle’s Advance product is a breakthrough in small businesses financing. Using up-to-the-minute revenue performance data, iZettle can automatically extend financing offers to business owners the moment they qualify. When the customer receives the offer on their device, they only need to select an amount, then sign and return the contract.

Now where, exactly, would a paper contract fit into this seamless, connected world of financial technology and business intelligence?

Nowhere!

Clearly, the success of Advance depended on an e-signing solution. As with iZettle’s other forward-thinking fintech offerings, the Advance experience needed to be fast, secure, and easy. And accessible on any device.

“Today there’s nothing stopping us from realizing the vision we have with iZettle Advance in collaboration with Scrive.”

Alexander Gernandt Segerby Business Strategy Manager, iZettle
Solution

Flexible, instant financing, on the fly

When iZettle started using Scrive eSign to send financing agreements to their Advance customers, the result was:

  • a better user experience
  • faster payouts

As soon as a customer receives their finance offer, they can close the deal right then and there, no further action needed. And seeing iZettle’s branding in the signing interface gives them that extra degree of trust.

"Scrive’s API has been very easy to work with. It’s been very flexible for us in adding and removing endpoints and moving around boxes."

Alexander Gernandt Segerby Business Strategy Manager, iZettle
Next steps

Total automation

With the success of the pilot, iZettle took the next step: integrate with the Scrive eSign API to completely automate the financing workflow. The integration means big time savings for iZettle, even faster financing for their customers.

Alexander Gernandt Segerby, iZettle’s business strategy manager for Advance explains why: “We can initiate and generate a contract in the same second the customer chooses their financing amount.”

Advance is growing fast, and iZettle is confidently counting on Scrive to keep pace. “Today there’s nothing stopping us from realizing the vision we have with iZettle Advance in collaboration with Scrive. As we develop new requirements, I’m sure Scrive will have developed as well, so hopefully we will grow together.”

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