KEO World offers digital inventory financing and B2B payment solutions that enable flexible payment terms and multi-currency transactions between buyers and suppliers. This platform enhances cash management and accelerates payment processes, resulting in improved working capital and reduced days sales outstanding (DSO).
Funding
$520M 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
Many businesses, particularly those in the B2B sector, face challenges in managing cash flow due to lengthy payment cycles and the need to offer flexible payment terms to buyers. Traditional financing options can be restrictive, and managing multi-currency transactions adds complexity and foreign exchange risk.
Solution
KEO World provides a digital platform that streamlines B2B payments and offers inventory financing solutions, enabling buyers and suppliers to transact more efficiently. The platform allows for customized payment terms on each invoice, eliminating the need for cycle cuts and providing flexibility for both parties. By facilitating multi-currency transactions and offering various payment methods, including card, ACH, wire, and blockchain, KEO World reduces foreign currency risk and enhances visibility and control over payment processes. This results in improved working capital, accelerated payment cycles, and reduced days sales outstanding (DSO) for businesses.
Target Audience
KEO World primarily targets B2B buyers and suppliers across various industries who seek to optimize their cash flow, streamline payment processes, and mitigate risks associated with traditional financing and multi-currency transactions.
Features
- Customized finance and payment terms tailored to individual business needs
- Invoice-level payment terms without fixed payment cycles
- Support for domestic and cross-border multi-currency transactions
- Real-time payment tracking and enhanced visibility for both buyers and suppliers
- Reduced foreign currency risk through flexible forex purchase planning
- Multiple payment methods, including card, ACH, wire, and blockchain
- Integration with Workeo to strengthen supplier relationships through flexible payment terms