Details

Industries

Financial Services,FinTech,Software,Supply Chain Management

Founded date

Jan 1, 2016

Number Of Employee

1 - 10

Operating Status

Active

Invoice Bazaar is a Fintech operating company that is focused on the financial inclusion of under-served Small and Mid-sized Enterprises (SME) to cash their receivables early, thereby helping them with working capital.

We at Invoice Bazaar are proud to have served underbanked and unbanked SMEs, including women-led enterprises, that have gone on to create thousands of jobs and helped the GDPInvoiceBazaar meaning “market of invoices” is an attempt to bridge the supplier-buyer relationship, by digitizing the transactions which are done manually in the real world. This digitization helps in providing finance to a supplier by actually taking buyer-risk. We have seen the struggle SMEs go through at banks in terms of submitting various documents and still waiting for credit approvals. Even after getting credit facilities, banks make SMEs go through rigorous transaction-level checks which make it impossible to borrow against quality receivables.