
40seas
Providing simple cross border payments and trade financing for businesses.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | $6.0m Valuation: $55.0m | Seed | |
Total Funding | 000k |
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40Seas.com is a unique startup that operates in the financial services sector, providing instant payout solutions to its clients. The company's primary focus is to help businesses improve their cash flow and mitigate credit risk. This is achieved by ensuring that businesses get paid in full as soon as their goods or services are delivered, thereby eliminating the need for businesses to wait for payments and risk potential defaults.
The company's target clients are businesses that face challenges in managing their receivables and are exposed to credit risk. By providing instant payouts, 40Seas.com helps these businesses to focus on their core operations rather than worrying about payments and debt collection.
The business model of 40Seas.com is based on transaction fees. The company charges a fee for every transaction processed through its platform. This fee is a percentage of the transaction value, which means the company's revenue is directly proportional to the volume and value of transactions processed.
In terms of market, 40Seas.com operates in the broad financial services market, with a specific focus on receivables management and credit risk mitigation. The company's services are applicable to a wide range of industries, making it a versatile player in the market.
In summary, 40Seas.com is a financial services startup that provides instant payout solutions to businesses, helping them improve cash flow and mitigate credit risk. The company makes money by charging transaction fees and operates in the broad financial services market.
Keywords: Instant Payouts, Financial Services, Credit Risk Mitigation, Receivables Management, Transaction Fees, Cash Flow Improvement, Debt Collection, Business Services, Risk Management, Financial Solutions.