MarketInvoice

MarketInvoice operates a peer-to-peer finance platform that allows businesses to sell their invoices online. The Company's platform connects investors with creditworthy businesses looking for working capital finance and allows businesses to free up cash flow by unlocking funds from their unpaid invoices. MarketInvoice serves asset managers, hedge funds, corporate treasuries and high net worth individuals from worldwide.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2011
Size (employees)
95 (est)-4%
MarketInvoice was founded in 2011 and is headquartered in London, GB

Key People/Management at MarketInvoice

Anil Stocker

Anil Stocker

CEO / Co-Founder
Ilya Kondrashov

Ilya Kondrashov

CFO, COO, Co-Founder

MarketInvoice Office Locations

MarketInvoice has offices in London, Manchester, Leeds and Bristol
London, GB (HQ)
50 Scrutton St
Manchester, GB
10th Floor Chancery Place, 50 Brown Street

MarketInvoice Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$29.8 m

Latest funding size

£7.2 m

Time since last funding

over 1 year

Investors

MarketInvoice's latest funding round in July 2016 was reported to be £7.2 m. In total, MarketInvoice has raised $29.8 m. MarketInvoice's latest valuation is reported to be £34.9 m.

MarketInvoice Financials

MarketInvoice's revenue was reported to be £4.4 m in FY, 2016 which is a 8% increase from the previous period.
GBP

Revenue (FY, 2016)

4.4 m

Gross profit (FY, 2016)

2.3 m

Gross profit margin (FY, 2016), %

51%

Net income (FY, 2016)

(6 m)

EBITDA (FY, 2016)

(5.9 m)

EBIT (FY, 2016)

(6 m)

Market valuation

34.9 m

Cash (31-Dec-2016)

6 m
  • Source: Company Filings,
GBPFY, 2015FY, 2016

Revenue

4.1 m4.4 m

Cost of goods sold

1.8 m2.2 m

Gross profit

2.3 m2.3 m

Gross profit Margin, %

57%51%
GBPFY, 2015FY, 2016

Net Income

(3.1 m)(6 m)

Cash From Operating Activities

(3.2 m)(5.6 m)

Cash From Financing Activities

7 m7.2 m

Net Change in Cash

3.5 m1.4 m
    GBPY, 2016

    Revenue/Employee

    45.2 k

    Financial Leverage

    1.1 x
    Show all financial metrics
    We estimate that MarketInvoice's current employees are approximately 19% female and 81% male.
    Show all human capital metrics

    Traffic Overview of MarketInvoice

    MarketInvoice Online and Social Media Presence

    MarketInvoice News and Updates

    Culture isn’t about perks. It’s practising what you preach.

    MarketInvoice’s mission is to help small businesses “take control of their cash flow”. We see SO many business owners come to us looking for a way to escape the inflexible and murky bank offerings. The more we talk to our customers, it becomes obvious that words like “transparent”, “flexible” and “s…

    London is home to more of the hottest fintech startups than ever before

    London's status as the world leading centre of fintech has been questioned in the wake of Brexit, but new figures suggest the capital continues to be a global powerhouse for financial technology. The city has produced more of the hottest fintech startups than ever before, with over half of the Fi…

    MarketInvoice Company Life and Culture

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