San Francisco · August 21, 2024
InvoiceASAP Selects Adyen to Offer Instant Payouts, Leveraging FedNow Certification
InvoiceASAP set to embed payments and financial products with Adyen
The partnership focuses on providing instant access to deposited funds and capital for InvoiceASAP users
Adyen’s certification with the FedNow™ Service will support instant access to funds
InvoiceASAP, a leading provider of invoicing and payment solutions for small and medium-sized businesses, has partnered with Adyen, the financial technology platform of choice for leading businesses, to level up their deposit experience by providing users with instant access to deposited funds.
InvoiceASAP will leverage Adyen’s single global solution (Adyen for Platforms), which enables users to sign up, sell and get paid through a single solution. InvoiceASAP merchants are primarily field service businesses that require quick access to capital for expenses. As an early adopter of Adyen's Cash Out feature, InvoiceASAP is able to offer their users instant access to pending funds, bypassing the usual multi-day waiting period.
"InvoiceASAP is building the most advanced Invoice to Pay solution. Adyen gives us access to the most advanced payment products and tools, including FedNow™ for Instant Deposits." said Paul Hoeper, CEO. "We are fully focused on providing the fastest velocity of bank deposits for our over 23,000 merchants. By combining Adyen’s Instant Payouts and new Cash Out functionality, we can provide our users with unmatched velocity.”
Adyen was among the first financial technology platforms certified by the Federal Reserve to utilize its instant payment infrastructure (FedNow™) last summer and is leveraging that certification to meet the needs of leading Fintech solution providers like InvoiceASAP with faster and more efficient ways to move money.
"Our partnership with InvoiceASAP underscores Adyen’s commitment to continued innovation," said Davi Strazza, president of Adyen North America. "Our FedNow™ certification allows for instantly-available deposits and cash advances, enabling InvoiceASAP users to better manage cash flow, scale operations, and invest in the tools they need to thrive.”
About InvoiceASAP: InvoiceASAP is a leading provider of field service, invoicing and payment solutions for more than 23K small and medium-sized businesses. The company's platform enables businesses to create, send, and manage invoices from anywhere, on any device, while offering customers a variety of convenient payment options. To learn more, visit www.invoiceasap.com.
About Adyen: Adyen (ADYEN:AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.
The cooperation with InvoiceASAP as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.