East London’s 20 hottest tech startups
Posted 8th July 2012
By James Silver
Read the full article online
What: A service that allows companies to raise working capital by auctioning off their outstanding invoices in an online marketplace.
Founders: Anil Stocker, formerly with Lehman Brothers private equity group, and Charles Delingpole (brother of Telegraph journalist James), ex-JP Morgan Cazenove.
Pitch: We’re all about getting working capital to small businesses by cutting short the lag created by long payment terms.
Verdict: Growing fast and with little competition in Europe or Asia (its main markets), Marketinvoice is rewiring a neglected corner of finance – and making a real impact.
View the rest of East London’s 20 hottest tech startups