Kickpay (YC W15) Is a Marketplace for Invoices That Helps SMEs Get Paid Quickly

Sounds like a marketplace for invoice factors. I guess it's better than having to call up a factor and setup an account. But, issues like credit-worthiness determination, reserves, fees-based on credit worthiness, etc. still arise.

I'd assume, initially, you'd rely on D&B or something like that to determine worthiness. Are you building a marketplace to let anyone provide money to factor? Or is this only for existing factors? Are you providing the funding, so you are the factor?

There's a ton of money in this type of business. If you can make 1.5-2%, per month, on your money, that's a huge win. It's kinda predatory in the transportation business, where margins aren't great and every dollar counts. But, in higher % businesses, it's a cash flow decision.

Interesting. Would love to chat more about it, if you are interested.

Email in profile.

Hey everyone, Stefano here, one of the co-founders of Kickpay. Let us know if you have any questions we can answer!