Friday, December 13, 2024

German fintech Moss taps GoCardless to power its UK push

German fintech Moss has partnered with GoCardless to facilitate its entry into the UK market. GoCardless will act as Moss’s UK direct debit provider, automating payment processes and supporting large-scale collections.

Facts

  • Moss has chosen GoCardless as its UK direct debit provider to expand its corporate card and spend management solution in the international market.
  • Moss’s solution automates month-end administrative tasks for SMB finance teams, aiming to eliminate manual tasks and payment burdens.
  • Integrating GoCardless direct debit into the process will further automate corporate card management, including expense payments, repayments, and accounting.
  • Moss’s partnership with GoCardless will provide back-end assistance, ensuring reliable and automatic collections for large amounts on a regular basis.
  • GoCardless offers support for credit limits of up to £2.5 million per month and does not charge interest on late payments, making it a suitable choice for Moss.
  • Moss is gaining momentum in the UK, which is its third international market, and currently serves around 2,220 SMB clients.
  • Moss CEO, Ante Spittler, highlights that the partnership with GoCardless removes friction for customers and aligns with the company’s automation-driven approach to helping SMBs save time and money.
  • Alexandra Chiaramonti, VP and general manager, EMEA at GoCardless, expects to play a pivotal role in Moss’s expansion plans as a dynamic European start-up.

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