FinQ

FinQ is a financial services company based in Almaty, Kazakhstan, that specializes in providing online factoring solutions for businesses. The company was registered on November 25, 2021, and its director is Li Vladimir Valerievich.

The firm's core service is factoring, a financial instrument that allows companies to sell their accounts receivable (invoices) to a third party at a discount to receive immediate cash. This service is aimed at manufacturers and suppliers who operate on deferred payment terms, helping them to manage cash flow and avoid liquidity shortages. FinQ offers factoring for both suppliers and buyers, as well as a partner program and a program for agents.

The business operates through its online platform, finq.kz, which facilitates a streamlined process for clients. To receive funding, a supplier provides shipping documents to FinQ, receives financing, and then FinQ collects the payment from the end customer. The required documents include constitutional documents, a financing agreement, a contract with the customer, and the invoice/proof of work. FinQ is active on the Kazakhstan Stock Exchange (KASE), with several of its bonds included in the "Private placement" market.

Keywords: factoring, financial services, accounts receivable financing, online platform, business financing, Kazakhstan, cash flow solutions, trade finance, supply chain finance, B2B financing