💰 Finance & FinTech
Intermediate
$5k - $25k
Mobile-first Invoice factoring app for startups
A fast, offline-friendly mobile app that puts invoice factoring in the pocket of every one of startups.
- Target audience
- Startups
- Problem solved
- Startups often overpay for invoice factoring because pricing is opaque and alternatives are hard to compare.
- Solution
- Launch as a lean web app using KYC software, Blockchain and Mobile wallets, starting with one core workflow done exceptionally well.
- Technologies
- KYC software, Blockchain, Mobile wallets
- Monetization
- Transaction fees; Subscriptions
- Challenges
- Onboarding friction; Cybersecurity
- Improvements
- Add API access so other businesses can integrate with the platform.; Publish case studies and testimonials to build trust quickly.