Invoice Bazaar is a supply chain finance platform that provides working capital solutions for small and mid-sized enterprises by leveraging sales data from various online marketplaces and payment gateways. The platform enables businesses to access immediate funding against their receivables, addressing the cash flow challenges faced by underserved SMEs.
Funding
Funding not disclosed
Founders
Product
Problem
Small and mid-sized enterprises (SMEs) often face challenges in accessing working capital due to delayed payments and limited access to traditional financing options. This can hinder their ability to fulfill orders, invest in growth, and manage day-to-day operations effectively.
Solution
Invoice Bazaar provides a supply chain finance platform that enables SMEs to access immediate funding against their receivables. By leveraging sales data from online marketplaces and payment gateways, the platform assesses credit risk and offers flexible financing solutions tailored to the specific needs of businesses. Invoice Bazaar allows SMEs to improve their cash flow, optimize working capital, and accelerate growth by providing early payment for invoices and receivables. The platform also offers a supply chain finance (SCF) platform for banks to launch programs with large corporate clients, enabling early payment to SME suppliers and extended payment terms for the corporate.
Target Audience
The primary target audience includes small and mid-sized enterprises (SMEs) that sell through online marketplaces, payment gateways, and other e-commerce platforms, as well as banks looking to offer supply chain finance solutions to their corporate clients and SME suppliers.
Features
- Invoice discounting limits based on the credit profile of the client/debtor.
- Financing against sales data from online delivery platforms such as Zomato, Talabat, Deliveroo, Ubereats, Chatfood, and Limetray.
- Financing against sales performance on payment gateways like PayTabs.
- Amazon Seller Finance based on Amazon Seller Central account performance.
- Supply Chain Finance (SCF) platform for banks to launch programs with large corporate clients.
- Access to lenders to fund trade exports.