OverviewSuggest Edit

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.

TypePrivate
Founded2011
HQLondon, GB
Websitemarketinvoice.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Nov 2019)155
Job Openings17
Revenue (FY, 2018)£6.2 M(+24%)
Cybersecurity ratingBMore

Key People/Management at MarketInvoice

Anil Stocker

Anil Stocker

CEO, Co-Founder
Ilya Kondrashov

Ilya Kondrashov

Managing Director, Co-Founder
Giles Andrews

Giles Andrews

Chairman
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MarketInvoice Office Locations

MarketInvoice has an office in London
London, GB (HQ)
5, 48-50 Scrutton St, Shoreditch
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MarketInvoice Financials and Metrics

Summary Metrics

Founding Date

2011

MarketInvoice total Funding

$62.8 m

MarketInvoice latest funding size

$33.5 m

Time since last funding

2 years ago

MarketInvoice investors

MarketInvoice's latest funding round in January 2019 was reported to be $33.5 m. In total, MarketInvoice has raised $62.8 m
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MarketInvoice Revenue

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MarketInvoice's revenue was reported to be £6.17 m in FY, 2018
GBP

Revenue (FY, 2018)

6.2m

Gross profit (FY, 2018)

3.3m

Gross profit margin (FY, 2018), %

53.3%

Net income (FY, 2018)

(4.7m)

EBITDA (FY, 2018)

(3.4m)

EBIT (FY, 2018)

(3.6m)

Cash (31-Dec-2018)

30.0m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.1m4.4m5.0m6.2m

Revenue growth, %

8%13%

Cost of goods sold

1.8m2.2m2.5m2.9m

Gross profit

2.3m2.3m2.5m3.3m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

143.2k333.9k1.1m1.1m4.6m6.0m4.4m30.0m

Accounts Receivable

6.1k45.5k88.8k177.1k274.7k64.1k49.8k

Current Assets

149.3k379.4k1.2m1.3m4.9m6.5m4.9m30.7m

PP&E

6.6k7.1k8.7k115.2k251.4k385.9k249.7k207.3k
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(3.1m)(6.0m)(4.2m)(4.7m)

Cash From Operating Activities

(3.2m)(5.6m)(3.4m)(2.0m)

Cash From Financing Activities

7.0m7.2m1.8m28.0m

Net Change in Cash

3.5m1.4m(1.6m)25.6m
GBPFY, 2011

Financial Leverage

1.3 x
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MarketInvoice Operating Metrics

Jan, 2019

Invoices Funded

170 k

Invoices Processed

€2.6 m
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Human Capital Metrics

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MarketInvoice Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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MarketInvoice Online and Social Media Presence

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MarketInvoice News and Updates

pinned

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…

MarketInvoice Blogs

The Self Employment Income Support Scheme explained

The Treasury’s generous package of support for businesses has been a lifeline to many. The latest round of government grants under the Self Employment Income Support Scheme opened on Monday to help those who’ve had their business and livelihood negatively impacted by coronavirus since 14 July.  The …

Interview with Joe David, CEO and Founder of Nephos

The COVID-19 pandemic has seen many hail a huge shift towards digital and technological solutions, from our private lives to our businesses. While this trend is by no means born of the crisis, it has certainly been accelerated by it. Digital accounting solutions have been around for some time, and w…

What to do when the furlough scheme winds down

Since it was launched back in March, the Government’s Coronavirus Job Retention Scheme has saved over 9 million jobs. During the toughest moments of the pandemic, 1.2 million employers were able to make use of the furlough scheme and avoid mass redundancies. Employer contributions have started to in…

UK recession announced Wednesday, 12 August 2020

This morning the ONS confirmed expectations that the UK is officially in a recession. Its latest analysis of GDP has shown that the economy shrank by 20.4% in the three months to June – the largest quarterly drop on record and our first official recession since 2009. The effects of lockdown on the c…

Do recent VAT reductions mean more work for you and your accountant?

Last month, as part of the Treasury’s COVID-19 economic recovery response, Rishi Sunak announced a reduction in VAT for hospitality and entertainment industries from 20% to just 5%. The changes came into effect on 15 July and apply to supplies of food, accommodation and admissions to attractions. Th…

Think outside the box: an expert guide to finance for COVID-19 recovery

Over four months ago the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) was introduced. Since its launch, over 55,000 UK businesses have been approved for £12.2 billion in CBILS funding*. But whilst there’s been a massive uptake of the scheme, many businesses are still strug…
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MarketInvoice Frequently Asked Questions

  • When was MarketInvoice founded?

    MarketInvoice was founded in 2011.

  • Who are MarketInvoice key executives?

    MarketInvoice's key executives are Anil Stocker, Ilya Kondrashov and Giles Andrews.

  • How many employees does MarketInvoice have?

    MarketInvoice has 155 employees.

  • What is MarketInvoice revenue?

    Latest MarketInvoice annual revenue is £6.2 m.

  • What is MarketInvoice revenue per employee?

    Latest MarketInvoice revenue per employee is £39.8 k.

  • Who are MarketInvoice competitors?

    Competitors of MarketInvoice include RateSetter, MotusQuo and Tima.

  • Where is MarketInvoice headquarters?

    MarketInvoice headquarters is located at 5, 48-50 Scrutton St, Shoreditch, London.

  • Where are MarketInvoice offices?

    MarketInvoice has an office in London.

  • How many offices does MarketInvoice have?

    MarketInvoice has 1 office.