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In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. Now both companies have moved beyond payments and built new businesses that serve a range of needs for smallbusinesses. Business lending & corporate cards.
Today, Amazon has expanded its business lending to the US and UK. Amazon Lending initially launched in 2011 to help smallbusinesses finance and sell more goods on Amazon. Its first entry point in the market was in payments in October 2014. In consumer, Amazon offers lending in the US in the form of partner cards.
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