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Invoice Exchange, safe digital peer-to-peer banking for SMEs

Descripción del proyecto

Nueva herramienta para automatizar pequeñas transacciones comerciales

Las pequeñas y medianas empresas (pymes), cuando desean obtener créditos de corta duración, todavía deben realizar transacciones de financiación con los bancos que resultan lentas, burocráticas y costosas. Esta opción es más segura que la mayoría de ofertas de préstamos en el mercado, pero la situación está madura para acoger cambios. El proyecto Invoice Exchange, financiado con fondos europeos, ofrecerá a las pymes una solución sencilla para sus finanzas. Invoice Exchange es una plataforma en línea completamente automatizada y en tiempo real que utiliza datos corporativos externos y ofrece un procesamiento de transacciones comerciales seguro. La plataforma ya forma parte de un programa piloto en Eslovenia. El proyecto llevará a cabo un análisis de los mercados croata y polaco.

Objetivo

Invoice Exchange marries positives of both, safe conventional banking and convenience of fin-tech paradigm. Conventional banking is slow and un-adjusted for fast processing of micro funding transactions. It takes minimum 2-3 weeks, significant amount of paperwork, and a high credit score for banks to approve a short-term loan or a factoring line for a SME. Also, banks keep interest rates on deposits at or below 0%, which results in businesses and creditors seeking alternatives for enriching their assets. On the other hand, existing peer-to-peer platforms offer none or very limited risk management for their creditors. This results in not fully exploited potential of acquiring creditors and in slower market uptake of such platforms.
Invoice Exchange is a fully automated and streamlined peer-to-peer invoice financing platform for businesses. Designed as an online factoring marketplace, the Invoice Exchange provides super-fast, on-line, on-demand funding with a click of a button for SMEs seeking working capital. And easy, efficient, low-risk alternative to short-term bank deposits for companies with surplus liquidity. Invoice exchange is a real-time trading and settlement system with integrated credit risk management engine that uses external corporate data to reduce creditors' risks. Invoices are sold with a click, pay-outs in 2 hours, companies are assessed in real-time. In last 3 years, Invoice Exchange has been gaining traction on a pilot market in Slovenia, resulting in 5-6% average yield on deposits, 100+ paying clients, 35 mio € transaction volume, and 350k revenue.
In the feasibility study, the company wants to perform in-depth market analysis for Polish and Croatian market, which are chosen as first internationalization targets. Also, product development requirements will be assessed, along with a thorough economic viability.
Total addressable market value in these three countries is 600+ mio EUR, and 15 mio EUR revenue is projected for the next 5 years.

Convocatoria de propuestas

H2020-EIC-SMEInst-2018-2020

Consulte otros proyectos de esta convocatoria

Convocatoria de subcontratación

H2020-SMEInst-2018-2020-1

Régimen de financiación

SME-1 - SME instrument phase 1

Coordinador

BORZA TERJATEV DOO
Aportación neta de la UEn
€ 50 000,00
Dirección
LIKOZARJEVA ULICA 3
1000 LJUBLJANA
Eslovenia

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Pyme

Organización definida por ella misma como pequeña y mediana empresa (pyme) en el momento de la firma del acuerdo de subvención.

Región
Slovenija Zahodna Slovenija Osrednjeslovenska
Tipo de actividad
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Enlaces
Coste total
€ 71 429,00