Ibylit provides a white-label digital platform for factoring and confirming, enabling financial institutions to offer enhanced liquidity solutions to their B2B clients. Their platform streamlines factoring processes, facilitating faster and more efficient digital financing and payment transactions. This helps financial institutions improve their operational efficiency and better serve businesses seeking to optimize their working capital.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face challenges in providing efficient and scalable supply chain finance solutions to their B2B clients. Traditional factoring and confirming processes often involve manual tasks and disparate systems, leading to delays and increased operational costs. This makes it difficult for businesses to optimize their working capital and access liquidity quickly.
Solution
Ibylit offers a white-label, cloud-based platform that enables financial institutions to streamline and scale their supply chain finance programs. The platform supports multiple products, currencies, and countries, allowing institutions to offer a comprehensive suite of services under their own brand. It optimizes the entire cycle of factoring, reverse factoring, auctions, and B2B payments, providing a single technological solution for banks, fintechs, payers, and suppliers. Ibylit's modular architecture and API integrations allow for customization and seamless integration with existing core banking systems, enabling real-time liquidity and improved operational efficiency.
Target Audience
Ibylit primarily targets banks, fintech companies, and other financial institutions looking to offer supply chain finance solutions to their B2B clients.
Features
- White-label platform for customized branding and client loyalty
- Multi-product support for reverse factoring, digital factoring, supplier payments, and auctions
- Multi-currency and multi-country capabilities for global operations
- Cloud-based core banking system with microservices architecture for scalability and resilience
- API integration for seamless connectivity with internal systems
- Real-time dashboards with dynamic operational data
- Automated notifications and electronic lockers for user communication
- Management of executive titles and validated electronic invoices
- Marketplace for real-time negotiation of invoices and documents
- Self-management suite for suppliers, payers, investors, and financial institutions