Storfund, a financial technology company that operates in the e-commerce industry, has partnered with TikTok Shop to launch Daily Advance, a cash flow solution that provides immediate payouts to e-commerce sellers, addressing delays typically faced in marketplaces. The embedded financing tool allows TikTok sellers to access funds as soon as they ship, enabling them to manage stock and scale quickly. By reducing the cash cycle for sellers, Daily Advance supports TikTok Shop’s growth in the U.S. market while aiming to become a standard for e-commerce platforms globally.
Storfund Launches Groundbreaking Financing Solution with TikTok Shop