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Historical Daylit announcement. Product availability, integrations and financing terms below describe the announcement at publication; confirm current details before relying on them.
BOSTON, April 16, 2024 /PRNewswire/ -- Daylit, an embedded AI lending, and EBizCharge, a top-rated provider of payment solutions, proudly announce a transformative collaboration aimed at introducing a groundbreaking embedded business credit solution for small and medium-sized enterprises in the U.S.
The new service, called the iBranch, is a cutting-edge financing solution that enables businesses to borrow money from Daylit without having to switch to a different platform. The innovative service represents a fusion of Daylit's cutting-edge AI credit underwriting and EBizCharge's all-in-one suite of payment solutions. This synergy facilitates a seamless and efficient financing process, allowing businesses to access fast and low-cost funding without the need to transition to a different platform.
As an industry leader, EBizCharge aims to seamlessly connect payments through its dynamic and comprehensive software. By integrating payments and financing through this new partnership, companies are empowered to grow and scale faster. This all-inclusive approach streamlines operations and enhances overall efficiency for businesses.
The partnership aimed to make financing available within the software businesses already use. This describes the announcement’s intended model, not a verified market-growth forecast.
Daylit described the partnership as a way to combine payment workflows and business financing. Approval, funding timing and cost depend on the approved offer.
Jerry Shu, the company's CTO/Co-founder, adds that the power of AI-driven credit underwriting shines with rich, embedded datasets that banks and non-bank lenders struggle to process. This is especially useful for instant decision transactions such as B2B Buy Now Pay Later (BNPL) and other shorter term cash management tools.
"EBizCharge is the ultimate platform for payment solutions. With the iBranch, we're adding financial power to our platform, allowing our customers to access credit without leaving the EBizCharge platform," said Matt Rogers, VP of Strategic Alliances at EBizCharge.
Daylit enhances the financing experience for businesses, offering features such as instant decisions, fair pricing with low rates and fees, and no credit impact, providing flexibility even in cases of rejection. This strategic alliance is expected to significantly impact the payments sector by offering customers unique access to fast, affordable capital sources that support growth and can help businesses scale directly from the EBizCharge platform.
To learn more about Daylit and its transformative potential for your business, please visit www.daylit.com. Stay connected and follow us on LinkedIn.
Further reading
Embedded finance brings lending and payments into the software businesses already use. See Bain & Company’s analysis.
Related guidance: Daylit and CSG Forte: Embedded Business Lending; B2B Payment Plans: Daylit and Altametrics.
References
- Bain & Company: Embedded finance. Read September 28, 2026.
