Revving

Revving.io is an award-winning fintech startup that offers innovative payment and currency management solutions to European companies, particularly those operating in the digital economy. This includes publishers, app developers, rights holders, and other small to medium-sized enterprises (SMEs).

The company's primary service is providing advances against revenues. This means that instead of waiting for invoices to be paid, businesses can get instant access to their sales revenues. Revving.io achieves this by capturing sales data at the source, allowing for a faster and more efficient funding process. The company boasts that no one can unlock sales revenues quicker than they can.

Revving.io also offers a unique feature of paying out in over 180+ currencies, making it a versatile solution for businesses operating in different markets. Their funding is non-recourse, meaning it assesses revenue partners, not the business itself, reducing the risk for the business owner. There are no onerous security requirements or personal guarantees needed.

The company also provides a user-friendly customer portal where businesses can view all their revenue and collection data. This helps businesses better manage their finances and plan for growth.

In addition to their working capital solution, Revving.io offers an embedded finance solution for ad techs, networks, agencies, marketplaces, and other digital intermediaries. This can be offered as a stand-alone or fully integrated solution.

In terms of business model, Revving.io makes money by charging a fee for their services. They have also partnered with industry pioneers such as the Internet Advertising Bureau and an entrepreneur-led investment fund.

Keywords: Fintech, Payment Solutions, Currency Management, Sales Data, Revenue Advances, Non-Recourse Funding, Working Capital Solution, Embedded Finance Solution, Digital Economy, SMEs.