MarketInvoice is the VC-backed peer-to-peer fintech platform that’s building the modern backbone of the economy.
Imagine you’re a young company who’s just won a major contract but your client wants to pay you on 90 day terms when you need to pay your staff and suppliers upfront. That’s where they step in. Their platform uses the peer-to-peer approach to provide the day-to-day operational financing for companies as varied as mobile development agencies, food brands and care homes.
MarketInvoice are the largest start-up in their space worldwide and already lending over £30 million/month to small businesses and on track to double that within the next year. It’s a £100bn/year market which is dominated by legacy lenders and banks with complex processes and shady practices.
They’re bringing transparency and simplicity to the market. They’re a data driven tech company disrupting banks in the same way Spotify re-defined the music industry (they actually share the same investors).