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JaiDee, a joint venture between DeeAlpha and Seedflex, has launched Pay-As-You-Sell Advance in Thailand, a revenue-linked merchant financing product for small and medium enterprises (SMEs).
The service offers working capital based on verified sales history, with repayments made through a fractional deduction from future sales instead of fixed monthly instalments.
JaiDee said the product operates under Bank of Thailand regulatory standards and uses DeeMoney’s financial infrastructure, while Seedflex provides the technology behind the dynamic repayment engine.
Merchants can apply fully online, with pre-approval based on verified sales data.
The service is also embedded into e-commerce platforms, point-of-sale systems and payment gateways.
It uses a one-time flat fee, with no interest, late fees or hidden charges.
Dylan Keota
“Thai merchants are ready to grow. What they have lacked is capital that grows with them. JaiDee changes that — by putting financing directly in the hands of merchants at the moment they need it most, with repayments tied to their actual revenue. This is not a loan product. It is a growth partnership.”
said Dylan Keota, Co-Founder of JaiDee.
Featured image: Edited by Fintech News Singapore, based on image by Lifestylememory via Freepik
