Tino is a B2B payments platform that provides SMB retailers with flexible payment options, allowing them to purchase from suppliers and defer payments while managing their cash flow effectively. By aggregating invoices into a single payment and offering extended credit terms, Tino simplifies financial management for small businesses.
Funding
$40.6M 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
Small and medium-sized retailers often face challenges managing cash flow due to inflexible payment terms from suppliers, leading to difficulties in procuring inventory and hindering business growth. The traditional process of managing multiple invoices and payment deadlines can be time-consuming and inefficient.
Solution
Tino provides a B2B payment platform designed to give SMB retailers more flexible payment options when purchasing from suppliers. By integrating with suppliers' existing systems, Tino allows retailers to defer payments and manage their cash flow more effectively. The platform aggregates invoices into a single weekly payment, offering extended credit terms and various installment options. Retailers can also postpone invoice payments directly through the app, providing additional flexibility in financial management. Tino aims to streamline the payment process, giving businesses more time to focus on core operations.
Target Audience
Tino primarily targets small and medium-sized retailers who seek greater flexibility in managing payments to their suppliers.
Features
- Invoice aggregation: Combines multiple invoices into a single weekly payment.
- Flexible payment terms: Offers extended credit terms and installment options.
- Payment deferral: Allows retailers to postpone invoice payments through the app.
- Integration with suppliers: Seamlessly integrates with existing supplier systems.
- Automated credit analysis: Periodic credit analysis to determine eligibility for payment options.
- Boleto generation: Easy generation of payment slips (boletos) through the platform.