Velotrade allows companies to sell their invoices to investors who are willing to provide funds in advance at a discount. This allows companies to gain immediate cash flow where investors can gain interest by the discount rate. The usual process of a transaction from customers to companies takes around 60-90 days but with Velotrade, companies can gain cash in the matter of a few days. This way, their money would not be restrained by the invoices and can continue transactions.
| Company Name | Velotrade Management Limited |
| Brand Name | Velotrade |
| Industries | FinTech |
| Year of Establishment | 2015 |
| Founder(s) | Emmanuel Pitsilis Vittorio De Angelis Gianluca Pizzituti |
| No. of Employees | 11-30 |
| Regional Coverage | / |
| Clients | Small to Mid-sized companies |
| Stage | / |
| Investor(s) | / |
| Raising Fund | / |
| Pre-money valuation | / |
| Post-money Valuation | / |
| Fundraising target | / |
| Fundraising History | / |
| Media Explosure | / |
| Company Email | [email protected] |
[dcb id=5586]