CashInvoice
Operating in invoice trading of commercial credits, factoring, and purchase of credits.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | €500k | Seed |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 14 % | 1336 % | 138 % | (49 %) | 5 % | 33 % | 75 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 41 % | 78 % | 49 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 7 % | 16 % | 32 % | 15 % | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
CashInvoice operates as a fintech platform specializing in the comparison of alternative finance and invoice factoring solutions. Founded in 2016 by Luca Scali, the Milan-based company aims to support businesses that are not adequately served by traditional financial channels. Scali, who also serves as the company's Managing Director, has a background in economics and corporate finance, having earned degrees from La Sapienza and SDA Bocconi, respectively. His career includes various roles in the fintech and technology industries, such as founding eNNOVAMI and EnnovaBike, an innovative bike with a wooden frame and a technological core. He also co-founded and became the MD of PausePay BNPL, a Buy Now Pay Later service for B2B, in 2022.
The company's platform facilitates a fully digitized process for financing companies that require capital for growth. It enables businesses to sell their trade receivables to access liquidity, which helps in improving cash flow and optimizing working capital. The services offered include a comparison of supply chain credit, export factoring, reverse factoring, and credit line products. To use the platform, users transfer their company data and upload their invoices and customer cards. This process allows them to compare different financing options tailored to their needs. The business model is designed to introduce liquidity through the sale of commercial credits, providing a crucial service for companies to manage their finances effectively.
CashInvoice has secured a total of $7.22K in funding over two rounds. Its latest funding was a Series A round on May 9, 2023, with Fasanara Capital being an investor. This financial backing supports the company's mission to provide accessible financing solutions. Through its digital platform, CashInvoice addresses a critical need in the market for alternative financing, helping businesses to overcome the limitations of traditional banking and achieve their growth objectives.
Keywords: alternative finance, invoice factoring, supply chain finance, trade receivables, working capital optimization, fintech platform, business loans, export factoring, reverse factoring, credit line comparison, commercial credits, digital financing, SME financing, cash flow improvement, financial technology, Luca Scali, Fasanara Capital, Milan startup, B2B financing, liquidity solutions
