INVOX FINANCE : The World’s Most Innovative Invoice Lending Platform

Wolfpunk Crypto
4 min readApr 7, 2018

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On this article i will be introducing you to a very interesting project which i believe will skyrocket any moment from now, i have been following this project for quite sometime and it will interest you to know that this project has already sold out all it tokens that were initially issued out for the pre-sale stage.

It my pleasure introducing you to Invox Finance, but first, i will like to give a quick run through on what Invox Finanace is all about.

Traditionally, An invoice is a document sent to a buyer that specifies the amount and cost of products or services that have been provided by a seller.

Invox finance describes the process of a financier purchasing invoices from a seller. Invox financing platform offer a transparent service that establish trust to both parties ( buyer and seller ).

The Invox finance is extremely a platform where people who have invoices can sell them to investors and receive the money in advance.

The global invoice financing industry is estimated to be worth US$2.8 trillion dollars, and yet invoicing largely hasn’t changed over the past 100 years. Invox Finance will catapult this industry into the next era in 6 unique ways:

  • Fractionalised invoice loans: Invoice loans will be fragmented, The Invox Finace platform will allow investors to purchase loans from a larger pool, by increasing their diversification and reduce their overall risk profile.
  • A decentralised platform: The use of blockchain gives room for Trust and transparency between all parties, permissioned access, verifications and in-built reward system.
  • Direct access to investors: The platform offers a distributed peer-to-peer lending environment which will benefit both the investors and the sellers by giving parties the direct access to trade among themselves
  • Dynamic invoices: Dynamic invoices enable all parties to update invoice information in real time, ensure immutability and manage sensitive information access.
  • Lower rates for sellers: traders will enjoy the benefit of low interest rate compare the normal tradition banks or financial institutions
  • A new way for investors to diversify: Investors will be given the access to goods or product that is only accessible to financial bodies or banks

Use Of Invox Finance Platform?

  • For sellers who wish to sell or have invoice for sell for quick cash flow can sell his/her invoice to an invox financiers ( Investors ) by using the invox platform.
  • Traders who are willing to buy an extended invoice from sellers to make profit from the invoice, can use the invox finance platform as well.
  • Investors seeking higher rates of return and diversification of their investment portfolio, are also welcome to use this platform.

A quick illustration on how the platform works:

I have 500 pen and each pen cost $1, i sold the 500 pen to mike with an invoice that is payable in 30days, with this mike is owning me $500 which he will be paying me in 30days time! but based on the time factor i decide to take the invoice to Invox finance platformand sold it for a lesser amount below the initial worth of the invoice ( $500 ) and get my money straight away instead of waiting 30days for mike to get my money. The investor that bought the invoice from me will now be the one to get the money from mike later and at the end we all are happy.

Invox Finance Partnership:

2TNG and Invox Finance joined forces, signing a deal valued at up to US$2 million in Talent Coin.
The partnership was finalised after meeting successfully during Money 20/20 and forms part of TNG’s mission to continue pushing the boundaries of cross-border payments and making cryptocurrencies applicable in the real world today.

ICO RATING:

Invox Finance is currently rated on following media

Users Benefit:

All fees and memberships to use the platform will be paid in Invox Tokens. These tokens will only be minted only ONCE for the ICO period and will have a limited supply. Sellers and Investors will have to purchase tokens from you ( the token holder ).

More users of the platform = more fees paid = a higher demand for Invox Tokens!

How Do I Sell my Invoice On Invox Finance?

Basically, if you want to sell your invoice, all you have to do is to list it on the platform, there are a lot of investors inline waiting to buy your invoice! the selling process is done automatically.

Invox Token Sale:

As stated earlier, the pre-sale stage is over all token that were issued for this stage has already been sold out! the main ICO sale will start 15th of April, please visit website for more detail https://www.invoxfinance.io/

Follow Invox Finance For latest Info on Project Development
Website || Telegram || Facebook || Twitter || Whitepaper

Posted By : Semarm3sem
https://bitcointalk.org/index.php?action=profile;u=1723984
ETH Wallet: 0x8D40f1C92Cb57edA2Ac2b87ba1690fC59137E34a

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