Our FinTech startup client, FNGP, offers discounted invoice financing between suppliers and their customers. Suppliers can provide invoices into the platform that are presented to their customers for approval and payment. Instead of waiting the full term for payment, FNGP offers the suppliers immediate payment at a discount from its own funding pool. The customer pays into the pool at the full-term of the payment. The innovative micro-funding solution is offered as Software-as-a-Service on AWS cloud, with message pipelines to most popular finance ERP systems such as MYOB, Xero, Reckon, QuickBooks and NetSuite and with all banking networks.
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