This startup provides a financial technology platform that facilitates the purchase and sale of business-to-business trade receivables through discrete modules for transaction settlement and portfolio reporting. By enabling efficient working capital transfers and asset warehousing, the platform connects businesses with investors to optimize cash flow management.
Funding
$700K 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, especially suppliers, face challenges in managing cash flow due to delayed customer payments and the high costs associated with traditional financing options like factoring and revolving credit lines. These legacy solutions often lack transparency, impose high fees, and may not provide funding when it is most needed, hindering business growth.
Solution
TradeVector offers an electronic marketplace that directly connects B2B trade receivable sellers with institutional purchasers, enabling efficient and transparent transactions. The platform provides a bid/offer style marketplace coupled with an independent settlement and custody infrastructure. By integrating with invoicing solutions or directly with customers, TradeVector automates the population and updating of available receivables in the supplier's marketplace account. This allows suppliers to sell receivables to any purchaser on the platform without bilateral documentation, while purchasers gain access to a diverse range of obligors and the ability to buy in institutional volumes.
Target Audience
The primary users are B2B suppliers seeking to optimize cash flow and institutional purchasers looking to invest in trade receivables.
Features
- Continuous, double auction market that is always on, allowing both bid and offer sides to participate with competitive orders.
- Integration with invoicing solutions or direct customer integration for automatic receivable updates.
- Anonymous negotiation and execution to ensure fair pricing.
- Automated clearing, settlement, perfection, and safekeeping processes.
- Real-time visibility of bids and offers, as well as prior transactions.
- Integration with portfolio management systems or custodians for easy reconciliation.
- Supplier onboarding process, eligibility requirements, and structured finance investment protections to reduce risk.