The new offering enables private and institutional investors, as well as banks, to fund invoices, thus releasing capital for small- and medium-sized enterprises (SMEs).
Businesses can submit their invoices through the MatchPlace IF platform for verification and receive up to 85% of their face value from registered investors.
The company also offers a foreign exchange service for SMEs called MatchPlace FX.
MatchPlace said it will use artificial intelligence and machine learning systems to provide borrowers with better financing rates and security.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright