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Kriya-Barclays partnership will transform invoice finance landscape

November 14, 2018
2
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Kriya is set to showcase, for the first time, their partnership with Barclays bank at Xerocon 2018.

  • Partnership will give Barclays business banking customers direct access to Kriya funding solutions
  • Xerocon 2018:
  • Kriya to showcase their Barclays partnership
  • Accountants set to benefit from fintech-bank collaborations

14th November 2018, London; Kriya is set to showcase, for the first time, their partnership with Barclays bank. Accountants, financial directors and entrepreneurs attending Xerocon 2018 will see first-hand how this fintech-bank partnership is helping UK businesses manage cash flow and supporting their growth.

The partnership

Earlier this year, Barclays became the first UK high street bank to partner with Kriya, Europe’s largest online invoice finance platform, to give their SME customers access to tech-led funding solutions. The partnership is a key part of Barclays’ plans to invest in new business models for growth, and MarketInvoice’s ambition to broaden its reach across the UK.

Kriya at XEROCON 2018

As silver sponsors, Kriya will have a stand at the event where visitors can see how their smart online platform and integration with Xero enable businesses to apply for invoice finance in minutes and effortlessly manage their facility once set up. CEO and co-founder of Kriya, Anil Stocker, will be speaking on the main stage on Wednesday 14th November at 2.30pm. On Thursday 15th November at 3.00pm, in the demo area, the team will be discussing how the Kriya solutions work for accountants and businesses.

Founded in 2011, Kriya has funded invoices worth more than £2.5 billion, boosting cash flow for thousands of UK businesses.

Bobby Lane, Partner, at Blick Rothenberg said: “Having access to data enables business finance providers make the best funding options to small businesses. Through their partnerships, Kriya has placed itself perfectly between accountants and bankers, to help ensure they get the best invoice finance solution for our clients.”

Anil Stocker, CEO at Kriya said: “Our direct integration with Xero enables us to provide a wide range of invoice finance facilities to UK businesses. The Barclays partnership means we will can service even more customers. Through these relationships with accountants and bankers, by using real-time data, we can plug into these flows of information, to identify and bridge funding shortfalls.”

“Almost all business owners are connected to an accountant. Across all these accountants and business owners, there are hundreds of thousands of conversations about financial services happening every month. In working with Xero and Barclays, we aim to bridge insights by providing the right and timely solutions to businesses.”

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