Descrizione del progetto
Nuovo strumento per automatizzare le transazioni commerciali minori
Le piccole e medie imprese (PMI) continuano a lottare con operazioni di finanziamento bancario lente, burocratiche e costose per prestiti a breve termine. Si tratta tuttavia di un modo più sicuro rispetto alla maggior parte delle altre offerte di prestito disponibili sul mercato, ma il cambiamento è in arrivo. Il progetto Invoice Exchange, finanziato dall’UE, fornirà alle PMI una nuova semplice soluzione per le loro finanze. Invoice Exchange è una piattaforma online in tempo reale, completamente automatizzata, che utilizza dati aziendali esterni, e offre sicurezza nell’elaborazione delle transazioni commerciali. La piattaforma fa già parte di un programma pilota in Slovenia. Il progetto condurrà un’analisi di mercato per i mercati croato e polacco.
Obiettivo
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.
Campo scientifico
Programma(i)
Argomento(i)
Invito a presentare proposte
Vedi altri progetti per questo bandoBando secondario
H2020-SMEInst-2018-2020-1
Meccanismo di finanziamento
SME-1 - SME instrument phase 1Coordinatore
1000 LJUBLJANA
Slovenia
L’organizzazione si è definita una PMI (piccola e media impresa) al momento della firma dell’accordo di sovvenzione.