Workinvoice
Web-based platform that allows SMEs to receive cash through the sale of invoices.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | €6.4m | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 49 % | 8 % | (8 %) | 12 % | 58 % | 19 % | 11 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (36 %) | (89 %) | (57 %) | (34 %) | 27 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (54 %) | (111 %) | (58 %) | (36 %) | 4 % | 9 % | (4 %) |
| 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
Related Content
WorkInvoice is an innovative financial technology company that operates an invoice trading platform. The platform allows businesses to sell their invoices to investors, thereby improving their cash flow and liquidity. This service is particularly beneficial for small and medium-sized enterprises (SMEs) that often face delays in receiving payments from their clients. By selling their invoices, these businesses can access immediate funds to support their operations and growth.
WorkInvoice serves a diverse range of clients, primarily focusing on SMEs across various industries. The company operates in the financial services market, leveraging technology to provide a seamless and efficient trading experience. The business model is based on a commission structure, where WorkInvoice earns a fee for each transaction facilitated on its platform.
The platform connects businesses in need of immediate cash with investors looking for short-term investment opportunities. This creates a win-win situation: businesses get the liquidity they need, and investors gain access to a new asset class with potentially attractive returns.
WorkInvoice's revenue model is straightforward. The company charges a commission on the value of the invoices traded on its platform. This commission is paid by the businesses selling their invoices, making it a cost-effective solution for improving cash flow.
Keywords: invoice trading, cash flow, liquidity, SMEs, financial technology, platform, investors, commission, short-term investment, asset class.