2023 Startup Booster
efektiva
Profile
B2B BNPL for LATAMShort
52% of all B2B transactions in Latin America are made using internal credit, meaning the supplier finances their clients with their own working capital, waiting for at least 45 days on average to receive their payments. This leads to financial inefficiency, operational inefficiency, and risks of default.We enable B2B commerce so that sales between parties can be deferred to a later date. We become the best friend of accounts payable departments as they can pay for ANY expense from raw materials to software licenses on credit, helping SMEs have better cash flow and obtain prompt payment opportunities.