MarketInvoice is the world’s largest peer-to-peer invoice finance platform. Launched in 2011, based in London and Manchester, MarketInvoice has funded over 70,000 invoices worth £1.3 billion to thousands of UK businesses (as of 1st June 2017).
MarketInvoice helps thousands of businesses overcome the lengthy payment terms of their customers. Businesses can choose between having an open funding line against their outstanding invoices (MarketInvoice Pro) or decide which invoices (Select) they want to finance, unlock tied-up cash in 24 hours at competitive rates. It’s fast, flexible funding for growing businesses to hire more staff, launch new products and pay their suppliers.
In 2013, the UK government via the British Business Bank, began lending to businesses through MarketInvoice. This partnership has now seen more than £100m provided to small businesses in the UK.
MarketInvoice is a member of the Peer-to-Peer Finance Association and is backed by private equity group MCI Capital (also invested in iZettle, Azimo, Gett, and Auctionata) and leading European venture capital fund Northzone (invested in Spotify, Trustpilot, and SpaceApe).