Grain and Invox Finance Partner to Help Small Business

Invox Finance
Sep 7, 2018 · 2 min read

Grain and Invox Finance have partnered together in a deal worth an estimated US$200,000 in order to help solve small business cash flow problems. Grain’s blockchain solution improves the transparency of work contracts to drastically reduce overhead costs and improve payments. Invox Finance has partnered with Grain to offer invoice financing to Grain’s users through their platform as a third party service provider. This will complement Grain’s solution, and will work together with their services to better serve small businesses by reducing expenses, managing workflow, and advance payments.

Grain’s infrastructure solution allows companies to process work agreements by moving work agreements and payments on to the blockchain. By organising work agreements through Grain, small businesses can save on the costs of expensive pay-rolling and other labour middleman services. Additionally, with every transaction, the transaction partners will receive 50% of the fee that is charged to the users to allow for workers to share in the success of Grain.

The team at Invox Finance is very excited about the concept that Grain is introducing in which workers share in the success of a growing economy. Workers that use Grain will receive a direct bonus with every transaction as well as distributed profits from Grain’s liquidity insurance mechanism. Just like Invox Finance, Grain is providing value to those that create value. A simple concept, but one that is all too often overlooked.

Adam Mezhvinsky, Invox Finance’s Co-founder and COO, is excited to say that,

“Grain is yet another example of a project bringing mass adoption to the crypto ecosystem by providing value to its users. Like Invox Finance, the Grain team has the core expertise and skills to execute their vision and bring to market an enterprise solution with thousands of users. The entire team at Invox Finance is excited to integrate our systems and collaborate to better business for all involved.”

Onno Hektor, CEO & Co-founder of Grain, had this to say on the partnership,

“At Grain we innovate because blockchain enables us to revolutionise the world of work and build trust in an untrusted world. Invox and Grain have committed to work together and integrate our systems, simply because our technologies are complementary.”

Keep an eye out for more news to come on our collaboration to solve small business cash flow problems, with not only low interest loans, but also through partnerships with high quality projects like Grain.

The Invox Finance Team can’t wait to share more!

Please note that investment amounts within this article are based on the value of the investments at the time they were received and that the value fluctuates (depending on market forces and liquidity) as the contributions have been made in different cryptocurrencies / tokens issued by our strategic partners.

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