Singapore – YouBiz, YouTrip’s financial platform, is teaming up with TikTok for Business to boost its financial and advertising solutions for businesses in Singapore.
The strategic partnership aims to offer solutions tailored for local businesses, driving their e-commerce growth. YouBiz and TikTok for Business intend to help them maximise their marketing and advertising ROI while optimising their operations.
Joining forces, the companies are introducing a cashback scheme to provide more resources to e-commerce businesses. Through the partnership, TikTok advertisers can receive up to US$100 in ad credits, which can be used for campaigns. Businesses can also receive more cashback on TikTok through YouBiz.
The partnership reflects the companies’ commitment to empowering e-commerce businesses in the market. It was announced during a joint event where speakers shared insights on creating effective marketing campaigns while using digital and financial platforms.
YouBiz offers an expense management platform where businesses can streamline their financial processes, making payment processing, tracking, and reporting efficient.
TikTok for Business is a platform that enables businesses to manage solutions for short-form videos, allowing them to market products and services on TikTok.
“Singapore’s e-commerce landscape presents immense growth potential, yet businesses need more than just access to the market—they need the right strategic tools and comprehensive support to truly unlock their success,” said Benedict Khong, general manager of YouBiz, said.
“This partnership with TikTok for Business is designed to bridge that gap. By seamlessly integrating YouBiz’s innovative financial solutions—such as multi-currency accounts, unlimited 1% cashback on all expenditures, and cost-effective remittance services—with TikTok’s dynamic advertising platform, we are empowering businesses to not only survive but thrive in the fast-evolving digital economy, providing them with a distinct competitive advantage,” Khong added.
