Storfund provides immediate payment solutions for marketplace sellers by integrating directly with e-commerce platforms, allowing sellers to access their sales revenue on the same day. This addresses the cash flow challenges caused by delayed payouts, enabling sellers to restock inventory and sustain growth without interruption.
Funding
$446.5M 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
Marketplace sellers typically face payment delays of 14-60 days, creating cash flow bottlenecks that hinder their ability to restock inventory promptly and capitalize on growth opportunities. These delayed payouts can stifle expansion and limit operational flexibility.
Solution
Storfund addresses this issue by providing immediate payment solutions for marketplace sellers, integrating directly with over 40 e-commerce platforms to enable same-day access to sales revenue. This accelerated cash flow empowers sellers to reinvest in inventory, negotiate better supplier terms, and scale their businesses more effectively. By eliminating payment delays, Storfund allows sellers to maintain a competitive edge and sustain consistent growth. The platform advances up to 80% of net, shipped sales daily, with the remaining 20% (minus Storfund's fee) disbursed when the marketplace releases the funds.
Target Audience
Storfund primarily targets e-commerce marketplace sellers who require immediate access to their sales revenue to manage cash flow effectively and fuel business growth.
Features
- Daily Advance: Receive up to 80% of net sales upon shipment, improving cash flow.
- Integration with over 40 marketplaces, including Amazon, TikTok Shop, Back Market, and Kaufland.
- Wholesale FX rates: Pass on favorable foreign exchange rates to sellers.
- No fixed term: Cancel the service at any time without penalty.
- Transparent pricing: A low, fixed percentage fee is charged on net sales funded.
- Amazon Payment Service Provider Program (PSPP): Storfund is authorized by Amazon.
- No data submission or payment requests required due to direct marketplace integration.