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YouBiz and Carousell Partner to Help Singapore SMEs Digitalise and Grow – Fintech Singapore

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YouBiz and Carousell Partner to Help Singapore SMEs Digitalise and Grow by Fintech News Singapore November 1, 2023

YouBiz, the corporate card and finance management platform for businesses by Singapore’s neobank YouTrip, has partnered with online marketplace Carousell.

This partnership aims to help local SMEs and startups accelerate their business growth and save costs as they scale locally and regionally with digitalisation tools and resources.

As part of the partnership, Carousell merchants will get a 10% upsized cashback for their CarouBiz package and Carousell coins, while YouBiz users are offered an exclusive 20% rebate for their purchase of Carousell coins.

According to YouBiz, it has helped over 3,000 businesses save approximately S$20,000 and 480 manhours annually by eliminating unnecessary administrative fees, coupled with its promise of 0% FX fee, unlimited cashback and seamlessly integrated digital solutions.

Caroubiz also offers exclusive seller benefits and store management tools to guide companies through their journey.

Johnny Lim

Johnny Lim

Johnny Lim, Regional Head of Sales and Business Director of Carousell said,

“We are thrilled to partner with YouBiz, combining our reach of 1 in 3 Singaporeans as active monthly users and YouBiz’s expertise in financial solutions, to help small local businesses succeed in today’s fast-paced business landscape.

Digitalisation is pivotal, and this collaboration exemplifies our commitment to provide simple-to-use and convenient ways for anyone to digitalise their business.”

Kelvin Lam

Kelvin Lam

Kelvin Lam, Chief Operating Officer of YouBiz by YouTrip, said,

“Our partnership with Carousell is a strategic one that aims to equip SMEs with cost-saving tools and resources that help them accelerate their cross-border growth in this digital economy age.

We are excited to be working with Carousell to support the growth of SMEs in the region. With our combined expertise and offerings, we can help more businesses tap into new markets and opportunities.”

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