This post is part of our live coverage of FinovateSpring 2013.
Coming to the stage next to present their global B2B payment platform is Madrid-based LICUOS.
“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.”
Product Launched: 2013
HQ Location: Madrid, Spain
Company Founded: December 2012
Metrics: Product in development since early 2012; seed capital from IDEON Financial Solutions & AVS
Presenting Iker de los Rios (CEO & Co-Founder) and Lander Gonzalez (Co-Founder)