Tulyp provides a platform that offers cash flow financing, payment guarantees, and multi-currency accounts specifically designed for importers and exporters facing liquidity challenges and payment delays in international trade. By utilizing regulated payment partners and segregated customer funds, Tulyp enhances transaction security while streamlining global operations.
Funding
$1.6M 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
Importers and exporters often face challenges related to cash flow strain due to unfavorable payment terms, payment delays that disrupt operations, and counterparty risks when dealing with unfamiliar international partners. Traditional banks may lack the flexibility and understanding of global trade complexities, making it difficult to secure financing for international trade and market expansion.
Solution
Tulyp offers a platform designed to optimize international cash flow by providing solutions for cash flow financing, multi-currency accounts, and payment guarantees. The platform helps streamline global transactions while protecting businesses against risk, mitigating counterparty and treasury risk in international trade. Tulyp facilitates access to financing to cover cash flow gaps, ranging from 30 to 120 days, and ensures secure payments, reducing risk in international transactions. Funds are protected through regulated payment partners, segregated customer funds, and storage in internationally authorized banks.
Target Audience
Tulyp primarily targets importers and exporters who need solutions for managing cash flow, securing payments, and simplifying global operations.
Features
- Cashflow Financing: Access financing to cover cash flow gaps, from 30 to 120 days.
- Payment Guarantees: Ensure secure payments, reducing risk in international transactions.
- Multi-Currency Accounts: Manage funds in different currencies, simplifying global operations.
- Local Accounts: Open accounts in key markets for smoother, local transactions.
- Regulated payment partners: Transactions are securely processed through licensed, regulated institutions.
- Segregated customer funds: Client funds are kept separate from Tulyp’s operational accounts.
- Safeguarded with authorized banks: Money is stored in internationally authorized banks under strict protection.