Decimal Factor
Arranging responsible funding to small and medium sized businesses.
- Location
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London, United Kingdom
Categories: Finance & Payments Mixed Digital/Non-Digital B2B
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Investment
sought: - £850,000
-
Equity
offered: - 4.76%
-
Investment
already funded: -
£858,959
for 4.81% equity
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Valuation
(pre-money): - £17,000,000
Idea
Introduction
At Decimal Factor, we are aiming to converge payment and lending to connect small and medium sized businesses with responsible funding.
When talking to merchants and channel partners, it became apparent that the number of rejections they’d had to endure in trying to secure the funds required to grow their business was a major pain point. It got us thinking; why can’t an entrepreneur simply press a button and obtain funding to grow their business? Why can’t Fintech deliver a daily package of services to the business owner so that they know exactly how much capital is available to invest in the business?
We believe we have come up with a way to bring together the great technologies already in existence: capital sources, financial services, payment services and business services, and we aim to deliver converged solutions in real-time to our clients.
