Singapore – Recommerce platform Carousell and corporate card and finance management platform YouBiz have announced a strategic partnership to help local small and medium-sized enterprises (SMEs) and start-ups accelerate their business growth with digitalisation tools and resources.
The partnership between the two platforms serves as a unique collaboration that aims to help SMEs maximise their resources and save on business expenses as they digitalise their operations.
To start, YouBiz has been helping over 3,000 businesses save annually by eliminating unnecessary administrative fees, coupled with its promise of 0% FX fee, unlimited cashback and seamlessly integrated digital solutions. These substantial savings allow SMEs to reinvest in their growth, and enhance their offerings and reach which ultimately creates a more vibrant and resilient business landscape.
As part of the partnership, Carousell merchants get to enjoy 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.
Beyond helping SMEs save costs, Carousell and YouBiz are also committed to empowering business owners and aspiring entrepreneurs with the knowledge they need to stay ahead in the digital economy.
Talking about the partnership, 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 Singaporeans as active monthly users and YouBiz’s expertise in financial solutions, to help small local businesses and success 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 digitise their business.”
Meanwhile, 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.”
