East London’s 20 hottest tech startups
Posted 8th July 2012
By James Silver

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MARKETINVOICE Finance

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.

Launched: 2010.

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