Provides a B2B payment platform that enables businesses to accept online and offline payments through multiple methods, including payment links and mobile terminals. It streamlines financial management with features like dedicated business accounts, invoicing, expense tracking, and instant settlements, helping businesses improve cash flow and reduce transaction costs.
Funding
$20K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FCGCODPAFounders
Product
Problem
Many businesses, especially in emerging markets, face challenges in efficiently managing finances and accepting payments through diverse channels. Traditional payment systems often involve high transaction fees, delays in settlements, and complex reconciliation processes, hindering business growth and profitability.
Solution
Collect provides a comprehensive B2B payment platform designed to streamline financial operations and facilitate seamless transactions. The platform enables businesses to accept online and offline payments via multiple methods, including payment links and mobile terminals. It offers dedicated business accounts for managing funds, expense tracking tools to control costs, and invoicing features to improve cash flow. Collect also provides instant settlements, reducing delays and improving access to funds for businesses.
Target Audience
Collect primarily targets small to medium-sized businesses (SMBs) and enterprises, particularly in emerging markets, seeking a unified platform to manage payments and streamline financial operations.
Features
- Accept payments through various methods, including cards, bank transfers, and payment links.
- Mobile terminals for collecting in-person payments.
- Create and send professional invoices with automated calculations for discounts and taxes.
- Dedicated business accounts for subsidiaries.
- Expense management tools to track and control business expenditures.
- Instant settlements for quick access to funds.
- Mobile app for managing payments and accounts on the go.