New Money Company provides an integrated platform that underwrites buyers in real time and extends trade credit lines, protecting B2B sellers from nonpayment while allowing net‑30+ terms without balance‑sheet risk. The service automates order management, invoicing, document collection, and cross‑border settlements through API or a web app, and includes a global payments rail for instant fund delivery and low‑cost currency conversion.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses that sell goods or services on credit often face the risk of nonpayment, which can strain cash flow and expose them to balance‑sheet risk. Additionally, managing order processing, invoicing, and cross‑border payments requires building complex back‑office systems that many companies lack the resources to develop.
Solution
New Money Company offers an integrated platform that underwrites buyers in real time and extends a trade credit line to protect sellers against nonpayment. The service automates order management, invoicing, and document collection, allowing sellers to extend net‑30+ terms without assuming credit exposure. Credit limits are accessible via API or a web app, enabling seamless integration into existing workflows. A global payments rail supports instant fund delivery to vendors and guests worldwide, handling currency conversion with low fees. By centralizing credit underwriting, order processing, and cross‑border settlements, the platform lets companies focus on growth rather than back‑office infrastructure.
Target Audience
Primary customers are B2B sellers such as grocery distributors, durable‑goods manufacturers, airlines, and hospitality brands that need to extend credit and process cross‑border payments at scale.
Features
- Real‑time buyer underwriting and automated trade credit line issuance
- API and web‑app integration for credit limits, order management, and invoicing
- End‑to‑end workflow handling from order placement to full payment collection
- Global payments network with instant fund delivery and competitive FX rates
- Support for net‑30+ credit terms without impacting the seller’s balance sheet
- Automated document collection and compliance management