Business
PayMongo partners with YelloX to strengthen companies in the supply chain
PayMongo, a leading digital financial services company, recently partnered with YelloX, a renowned end-to-end supply chain management platform, to streamline payment processing and fund management for supply chain enterprises.
PayMongo founder and chairman Luis Sia underlined the strategic importance of the partnership in leveraging the fintech company’s expansion from payments into financial services.
“We are excited to embark on this transformative journey with YelloX. Together, we aim to revolutionize the financial landscape of supply chain companies, driving efficiency and growth in this dynamic sector,” said Mr Sia.
The integration of PayMongo’s robust financial infrastructure into the YelloX platform represents a significant leap forward in facilitating seamless financial transactions across the supply chain ecosystem.
“By leveraging digital wallets and advanced payment solutions, YelloX users can now benefit from enhanced financial management capabilities, driving operational efficiency to new heights,” Mr Sia added.
PayMongo CEO Jojo Malolos said the integration of PayMongo’s robust financial infrastructure into the YelloX platform represents a significant leap forward in facilitating seamless financial transactions across the supply chain ecosystem.
“This partnership represents a commitment to increasing the YelloX’s ability to provide its SME customers with the tools they need to thrive in today’s competitive market,” said Mr. Malolos.
Mr. Malolos revealed that YelloX users can now experience enhanced financial management capabilities by leveraging digital wallets and advanced payment solutions, driving operational efficiency to new heights.
“By simplifying payment processes and offering integrated financial solutions to YelloX, we are paving the way for accelerated growth and success in the supply chain sector as it meets the needs of SMEs in successfully growing their businesses ” added Mr Malolos.
Mr Sia said that as supply chain organizations embrace the improved financial operations enabled by this partnership, they can expect improved cash flow management, better control over finances and greater operational focus.
“The synergistic blend of PayMongo’s payment processing expertise and YelloX’s innovative supply chain solutions promises to redefine financial management practices and drive business expansion,” said Mr. Sia.
During his 5e In celebration of its anniversary last March, PayMongo announced its transformation from a payment solutions provider to a digital financial services company.
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