Australian fintech Link4 expands to the US

Monday 27 June 2022 11:56 CET | News

Link4 received an export grant through the Government of South Australia, allowing the firm to expand its services abroad, including the US to its list of international presence, after the UK, New Zealand, Singapore, and Saudi Arabia.

The company specialises in e-invoicing, allowing invoices to be exchanged through electronic documents. Its proprietary automated system simplifies the invoicing process while catering to a greener environment, by removing the need for a paper trail. 

Since its official launching in 2016, Link4 has serviced over 4,000 business across Australia and broad, and now hopes to provide businesses greater security and protection from scams in the US. With the help of the governmental grant, Link4 will be available in the US by 2023, aiming to create future job opportunities both locally and internationally. 

According to the company’s CEO, more than 95% of businesses are SMEs but they don’t receive good representation in the e-invoicing field. On average, it costs USD 30 to process a normal invoice, while it would only cost businesses USD 10 for an e-invoice, drastically reducing the costs and the overall reconciliation time.

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Keywords: e-invoicing, e-money, cross-border payments, reconciliation
Categories: Payments & Commerce
Companies: Link4
Countries: United States
This article is part of category

Payments & Commerce


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