Quartix offers a digital trade‑finance platform that gives industrial buyers an unsecured, on‑demand credit line to extend vendor payment terms and bridge cash‑flow gaps. Vendors can accelerate invoice payments through a one‑click, fee‑based service that is cheaper than traditional factoring, while all transactions are paperless, API‑integrated, and settle automatically at invoice maturity.
Funding
$15M 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.
Founders
Product
Problem
Mid-sized industrial buyers often face cash flow gaps that limit their ability to extend vendor payment terms, while vendors struggle to receive timely payments without sacrificing discounts or incurring high financing costs.
Solution
Quartix provides a digital trade‑finance platform that connects buyers, vendors, and banks. The platform offers an unsecured, on‑demand credit line that lets buyers fund vendor invoices beyond agreed terms, effectively stretching days payable outstanding. Vendors can optionally accelerate payment of approved invoices through Quartix for a transparent, fee‑based service, preserving their cash flow without early‑payment penalties. All transactions are paperless, integrated via API or simple web interfaces, and settle automatically when the original invoice matures, allowing both parties to negotiate longer terms, capture early‑payment rebates, and maintain supply continuity.
Target Audience
Primary customers are mid‑market industrial buyers and their suppliers who need flexible payment terms, as well as banks seeking to offer supply‑chain finance products without building new infrastructure.
Features
- Unsecured, on‑demand credit line (up to 7‑figure) for buyers to fund vendor invoices on a pay‑later basis
- Optional one‑click early payment for vendors with fees 30‑60% lower than traditional p‑cards or factoring
- Real‑time approval status visibility for buyers and vendors via a web dashboard
- API/ERP integration enabling automatic data flow and rapid go‑live (2‑3 business days)
- Non‑recourse purchase of approved invoices, removing balance‑sheet impact for vendors
- Transparent, pay‑per‑use pricing with no fixed fees or hidden charges
- Ability to capture early‑payment discounts without requiring the buyer to pay early