This post is part of our live coverage of FinovateSpring 2013.
Coming to the stage next is e-commerce innovator, P2BInvestor, a web-based, crowdfunded, receivables finance company.
“P2BInvestor has created a platform that allows investors to buy into a portfolio of business receivables and earn good returns. We give investors the ability to examine underwriting information about clients and choose which receivable portfolio to buy into. Investors own a percentage of every invoice in a portfolio, and earn their returns in cash every month. Investors can liquidate part or all of their portfolios without fees with 60 days notice.”
Product Launched: May 2013
HQ Location: Louisville, CO
Company Founded: February 2012
Metrics: $250,000 raised; 5 employees; 207 registered users
Presenting Krista Morgan (CMO & Co-Founder) and Clay McIlrath (CTO)