Glovo and PragmaGO Roll Out MCA Financing for Romanian Retailers

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Glovo and PragmaGO have prolonged their embedded-finance partnership to Romania, making it the second European market after Spain the place the 2 firms are providing working capital financing to retailers working inside Glovo’s platform. The product, branded PragmaCash, makes use of a Service provider Money Advance construction and is aimed on the 1000’s of small and medium-sized companies in Romania that depend on Glovo…

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