You Biz-y? Issue 2: So who’s actually using YouBiz?

You Biz-y? We’ll make it quick with a newsletter on the latest happenings of all things YouBiz.

In just under 3 months since launching, we’ve welcomed a whole host of businesses, each drawn to specific features that YouBiz offers to help them manage their finances.

And when we say a whole host of businesses, we mean it.

From F&B brands using YouBiz to save on costs for importing ingredients from overseas, to advertising agencies making the most of our remittance services to pay offshore vendors, YouBiz has proven its effectiveness in helping businesses across various industries scale internationally while maintaining their bottom line.

We’ve even created a series titled #TheYouInYouBiz series, to celebrate the success our users have had in addressing their unique business challenges.

GETMARKED - The startup digitising learning

GETMARKED is an education startup, helping teachers to do more of what they do best, while automating the rest.

As a global solution for educators worldwide, GETMARKED was looking for a solution of their own to receive payments from around the world - given that traditional banks charged exorbitantly for such services.

"I remembered that YouTrip offered amazing exchange rates with no fees and tried to search for a way to use it for my business. And that's how I found YouBiz" - Jia Hui LU , Founder of GETMARKED

YouBiz’s low-cost remittance was a prime alternative, with rates of up to 6X lower than traditional services.

Learn more about GETMARKED’s story here!

Nylon Coffee Roasters - The roastery that brews sustainably

Nylon Coffee Roasters is an institution among local coffee lovers. A coffee roastery that prides itself on focusing on all facets of coffee production, from bean to cup.

This means regular trips to places like South America, to meet with local farmers directly to ensure both sustainability and quality in serving up your morning cuppas.

However, the costs of taking such trips, along with those of importing coffee from all over the world, naturally means that Nylon regularly transacts in foreign currencies.

"Accumulation of such savings will only help the bottom line of SMEs like us" - Jia Min, Founder of Nylon

With a YouBiz card, Nylon is able to optimise its foreign currency spending with 0% FX fees across 150+ currencies for all card spend – while getting rewarded with unlimited 1% cashback on all transactions!

Learn more about Nylon’s story here!

Storify - The platform helping brands tell stories?

storify.me is a content marketing platform that engages storytellers across Asia to produce meaningful, authentic content for brands.

Working with independent content creators in areas like Singapore, Thailand, and Taiwan, Storify frequently remits funds overseas to manage the salaries for creators based overseas.

"YouBiz gives us competitive rates on transfer fees and currency exchanges" - Stefan Lim , Founder of Storify

With YouBiz’s multi-currency wallet, Storify can secure the best rates in up to 9 currencies and store them for future use. They’re also able to manage their regular salary payments through remittance with lower fees and the best FX rates.

Learn more about Storify’s story here!

So is YouBiz suitable for my business?

We think so!

Because whether you’re a fast growing startup or an established SME, YouBiz exists to reduce the costs of doing business globally and help you scale faster.

For starters, YouBiz has no minimum deposits or account fees, to help navigate the traditional barriers in corporate banking.

Day-to-day operational expenses such as software subscriptions or digital marketing tend to be charged in foreign currencies. Businesses can pay for them, save on FX fees and earn unlimited cashback from all of them. That’s right, there are no limited spend categories and cashback cap for YouBiz.

YouBiz users also have access to flexible business financing options (up to S$100K), with no collateral, no hidden fees or early repayment fees. What’s more, business loans can be disbursed seamlessly into the YouBiz account as fast as within 48 hours.

If this interests you, visit our site here to learn more about how YouBiz can address your business needs.

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