Speedy.io

About Speedy.io

Speedy is a digital banking app that automates invoice processing by extracting key data such as client information, products, and amounts, allowing businesses to create and send invoices in minutes via email or WhatsApp. The platform also facilitates flexible payment options, including wire transfers and credit cards, while minimizing transaction fees for both domestic and international payments.

```xml <problem> Many small and medium-sized businesses (SMBs) face challenges with inefficient and time-consuming invoice processing, particularly in extracting data, creating invoices, and managing international payments. Traditional banking solutions often involve bureaucratic processes, high transaction fees, and limited flexibility, hindering cash flow and growth potential. </problem> <solution> Speedy provides a digital banking platform designed to automate invoice processing and streamline payment workflows for SMBs. The platform uses automated data extraction to process invoices, allowing users to create and send customized invoices via email or WhatsApp. Speedy facilitates flexible payment options, including wire transfers, credit cards, and ACH, while aiming to minimize transaction fees for both domestic and international payments. By offering dedicated business accounts, virtual and physical cards, and automated expense reporting, Speedy seeks to provide a faster, simpler, and more flexible alternative to traditional banking solutions. </solution> <features> - Automated invoice data extraction for efficient processing of client information, products, VAT, amounts, and due dates - Customizable invoice creation and sending via email or WhatsApp - Support for multiple payment methods, including wire transfers, credit cards, and ACH - International payment capabilities with transparent exchange rates - Dedicated business accounts with virtual and physical cards - Automated expense tracking and reporting - Integration with Stellar networks for remittances - Mobile app available on iOS and Android </features> <target_audience> Speedy primarily targets small and medium-sized businesses (SMBs) that require efficient invoice processing, flexible payment options, and streamlined financial management tools. </target_audience> ```

What does Speedy.io do?

Speedy is a digital banking app that automates invoice processing by extracting key data such as client information, products, and amounts, allowing businesses to create and send invoices in minutes via email or WhatsApp. The platform also facilitates flexible payment options, including wire transfers and credit cards, while minimizing transaction fees for both domestic and international payments.

Where is Speedy.io located?

Speedy.io is based in São Paulo, Brazil.

When was Speedy.io founded?

Speedy.io was founded in 2021.

Location
São Paulo, Brazil
Founded
2021
Employees
11 employees

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Speedy.io

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Executive Summary

Speedy is a digital banking app that automates invoice processing by extracting key data such as client information, products, and amounts, allowing businesses to create and send invoices in minutes via email or WhatsApp. The platform also facilitates flexible payment options, including wire transfers and credit cards, while minimizing transaction fees for both domestic and international payments.

speedy.io1K+
Founded 2021São Paulo, Brazil

Funding

No funding information available.

Team (10+)

No team information available.

Company Description

Problem

Many small and medium-sized businesses (SMBs) face challenges with inefficient and time-consuming invoice processing, particularly in extracting data, creating invoices, and managing international payments. Traditional banking solutions often involve bureaucratic processes, high transaction fees, and limited flexibility, hindering cash flow and growth potential.

Solution

Speedy provides a digital banking platform designed to automate invoice processing and streamline payment workflows for SMBs. The platform uses automated data extraction to process invoices, allowing users to create and send customized invoices via email or WhatsApp. Speedy facilitates flexible payment options, including wire transfers, credit cards, and ACH, while aiming to minimize transaction fees for both domestic and international payments. By offering dedicated business accounts, virtual and physical cards, and automated expense reporting, Speedy seeks to provide a faster, simpler, and more flexible alternative to traditional banking solutions.

Features

Automated invoice data extraction for efficient processing of client information, products, VAT, amounts, and due dates

Customizable invoice creation and sending via email or WhatsApp

Support for multiple payment methods, including wire transfers, credit cards, and ACH

International payment capabilities with transparent exchange rates

Dedicated business accounts with virtual and physical cards

Automated expense tracking and reporting

Integration with Stellar networks for remittances

Mobile app available on iOS and Android

Target Audience

Speedy primarily targets small and medium-sized businesses (SMBs) that require efficient invoice processing, flexible payment options, and streamlined financial management tools.

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