Finsmart provides a digital factoring platform that lets Peruvian SMEs sell their invoices for an immediate cash advance of 85‑90% of the invoice value, with funds transferred to their bank accounts within minutes. The same platform offers investors a regulated marketplace of vetted invoices in soles and dollars, delivering 12%‑18% annual returns on short‑term, yield‑focused investments.
Funding
Funding not disclosed
Founders
Product
Problem
Peruvian businesses, especially SMEs, often face long payment terms of 30 to 120 days for their invoices, creating cash‑flow gaps that hinder operations and growth. Investors seeking short‑term, yield‑generating assets have limited access to transparent, regulated invoice‑backed investment opportunities.
Solution
Finsmart operates a fully digital factoring platform that lets companies sell their accounts receivable for immediate cash, delivering 85‑90% of invoice value within minutes of submission. The platform conducts automated risk analysis on each invoice before offering a fair discount rate, and funds are transferred directly to the seller’s bank account. Simultaneously, the marketplace provides investors with a curated portfolio of negotiable invoices denominated in soles and dollars, offering annual returns between 12% and 18% while maintaining compliance with the Peruvian Superintendencia de Banca, Seguros y AFP. All processes—from onboarding and document upload to funding and investment—are conducted online, eliminating paperwork and reducing reliance on traditional banks.
Target Audience
Primary users are Peruvian SMEs that need fast liquidity for outstanding invoices, and individual or institutional investors looking for short‑term, yield‑focused investments in invoice‑backed assets.
Features
- End‑to‑end digital onboarding for businesses, with identity verification and document upload in under five minutes
- Automated invoice risk assessment and dynamic discount rate calculation
- Immediate cash advance of 85‑90% of invoice value, with funds transferred to the seller’s bank account
- Investor portal offering a diversified pool of vetted invoices in soles and dollars, with transparent performance metrics
- Annualized investor returns of 12%‑18% based on risk‑adjusted pricing
- Full regulatory registration as a factoring entity under the SBS, ensuring compliance and transparency
- No hidden fees; clear pricing and real‑time status tracking via the web dashboard