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Viva Tackles ‘Critical’ Cashflow Issues for European Businesses With New Instant Credit Solution, Europe’s technology bank for payments powering card acceptance in 24 markets, has launched ‘Merchant Advance’; a new credit solution looking to solve critical cashflow issues for thousands of businesses across Europe, helping them invest in growth.

Viva’s Merchant Advance looks to offer transparent capital to businesses, based on merchant acquiring data. Loan disbursement is instant, to help businesses of any size or type immediately access capital for growth.

Merchant Advance by is currently available in Belgium, Germany, Netherlands, and Spain, with more European countries of operation following soon.

Yannis Larios, senior VP of strategy and business development at
Yannis Larios, senior VP of strategy and business development at

Yannis Larios, senior VP of strategy and business development at, explained: “Having access to reliable and flexible capital is critically important for growing businesses, but for millions of European merchants, it’s a real struggle to find the right solution.

“Traditional capital providers, and even newer market entrants, have to vet businesses properly, which results in time-consuming processes before any decision is made.”

While other capital providers can force businesses into lengthy application processes, Viva’s Merchant Advance leverages the merchant’s payment history with – enabling access to near-instant capital with no fuss.

The new credit solution boasts smart prescoring, based on advanced payments data analysis for each business; as well as fast access to capital, charged with a single explained fixed fee.

It also offers a flexible automated repayment process via a percentage of daily card sales; no late payment fees; as well as a fully digital process with no collateral or other commitments.

Supporting business growth ‘without restrictions’

Merchant Advance is the latest inclusion in’s market-leading digital payments bundle, a collection of integrated services that combine to power all businesses across Europe. From acquiring and issuing to business accounts and tailored financing,’s solutions help businesses grow without limits.

“Viva’s Merchant Advance changes the game, allowing our customers instant access to working capital based on smart prescoring. This allows us to offer instant, flexible and transparent capital that they can use to grow without restrictions. Merchant Advance is the latest addition to our product suite, built to solve payment issues for businesses of all shapes and sizes,” added Larios.

The new Viva credit solution will be provided through a range of leading financial partners. is Europe’s first technology bank for payments, powering card acceptance across 24 countries and over 985 devices. With an ECB-approved banking licence and physical presence in 24 European markets, Viva’s ‘Tap on Any Device’ for in-store payments, smart checkout for online payments, and marketplace payment solution, help European businesses of any size to accept and manage payments how they want.


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