This startup offers a fintech platform that utilizes blockchain technology and artificial intelligence to provide invoice financing for small and medium-sized enterprises (SMEs). By unlocking cash tied up in unpaid invoices, the platform delivers instant liquidity, enabling SMEs to maintain operational focus and improve cash flow management.
Funding
$50M 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 enterprises (SMEs) often face challenges in accessing working capital due to delayed payments on invoices, which can hinder their ability to maintain operations and pursue growth opportunities. Traditional financing options may require collateral or have lengthy approval processes, creating further obstacles for SMEs seeking immediate liquidity.
Solution
VoloFin provides a trade finance platform that offers invoice and supply chain financing solutions to SMEs, enabling them to unlock capital tied up in unpaid invoices. Through its digital portal, SMEs can access collateral-free financing with credit lines up to $2 million for invoice financing and $10 million for supply chain financing. VoloFin's platform facilitates quick onboarding and funding, often within 48 hours, allowing SMEs to convert receivables into cash and optimize their working capital cycle. By assuming buyer risk and providing real-time in-principal approval, VoloFin helps SMEs accelerate cash flow, improve liquidity, and focus on business expansion.
Target Audience
VoloFin primarily targets small and medium-sized enterprises (SMEs) involved in domestic and international trade, particularly those seeking to improve cash flow, optimize working capital, and mitigate risks associated with delayed payments.
Features
- Digital portal for easy access and management of financing solutions
- Self-onboarding process for quick and efficient application
- Collateral-free financing options
- Invoice financing with credit lines up to $2 million and supply chain financing up to $10 million
- Funding against invoices within 48 hours
- Supplier portal for raising funding requests in a few clicks
- Automated risk assessment for faster approval
- Real-time in-principal approval
- Buyer risk assumed by VoloFin
- Integration with an investor network to extend financing lines