Argentine startup partners with giant eBay

The Argentine fintech that offers financial products Nubi and the global marketplace eBay closed an alliance that will help entrepreneurs and local small and medium-sized companies to increase your online sales internationally.

Continuing with Nubi’s strategy of sealing alliances with leading international companies such as Samsung, Visa, Transferwise and PayPal, the Argentine fintech concludes this new agreement, which enables its users to access the eBay Business Development Program and thus receive the necessary advice and training to start exporting your products all over the world.

Starting today, eBay also offers Nubi users a free shop for the first three months, thus seeking to make your start in selling abroad effective and successful.

Xavier Aguirre, Senior Business Development Manager at eBay Latin America, explained that “this is a great moment to empower SMEs and entrepreneurs through cross-border trade. eBay, as a global platform, offers them a universe of 185 million buyers in 190 markets, which enhances their possibilities of building a successful international business. Furthermore, by being able to set prices in dollars, SMEs and entrepreneurs will be able to have better profits ”.

This opportunity for thousands of entrepreneurs comes at a very particular moment, in the midst of the Covid-19 context and with an electronic commerce that registers historical growth figures: according to CACE (Argentine Chamber of Electronic Commerce), e-commerce turnover increased 106% during the first half of 2020. In addition, according to Forrester data on global cross-border commerce, this will increase to 627,000 million dollars by 2022, which represents about 20% of all online commerce sales.

“We believe that this alliance is in line with Nubi’s DNA: responding to the needs of those people and companies that sell their products or services abroad and demand speed, simplicity and transparency in the services they use. To do this, we develop an offer of innovative financial products designed and created to optimize the customer experience. Solid business alliances with benchmarks in the local and international digital financial ecosystem are essential to achieve this goal ”, explained Sebastián Böttcher, CEO of Nubi.