How they describe themselves: LICUOS is the global B2B payment platform where businesses can compensate and settle their commercial debts. The platform provides netting, payment and funding services for accounts receivable and payable for businesses, allowing them to reduce their dependence on the traditional banking system alternatives to significantly improve their working capital and cash flow management.
By applying our solution, businesses from all economic sectors and sizes, including public administration and nonprofit, achieve an important reduction in their funding needs and credit risk exposure.
How they describe their product/innovation: LICUOS is demoing its core technology: a unique proprietary and patent-pending technology that enables an efficient and highly secure processing of accounts payable and receivable transactions, 24/7 and in real-time, to deliver the best financial optimization and user experience. Our algorithms automatically identify and generate the most convenient and efficient netting, payment and funding proposals. They manage all of the associated transactions that allow businesses to significantly reduce or eliminate their commercial debts. LICUOS gives businesses full control and visibility into the payment process and allows them to easily communicate and negotiate with their business partners.
Bus. Dev., Press & Sales: Iker de los Ríos, Co-Founder & CEO, email@example.com