Invox Finance: Invox Finance engages Mo Works in launching their first ICOico fintech finance business-development blockchain
Invox Finance looks to connect sellers, buyers and investors on the blockchain to deliver a complete ecosystem that is reliable and transparent.
Today, many small and medium-sized enterprises (SMEs) involved in the supply of goods and services struggle to stay afloat due to cash-flow problems and are unable to meet day-to-day expenses and commitments.
Seeking to replace traditional static invoicing, Invox Finance was founded by members of the ABR Finance Pty Ltd team, a successful invoice financing company based in Australia.“Invoice financing is a growing sector of the market valued at approximately $2.85 trillion USD. Our vision is to make invoice financing easier, cheaper and more accessible to SMEs and provide individual investors with an investment option that is largely currently only available to banks and finance companies. We will also change how businesses interact with invoices by introducing dynamic invoicing,” said Invox Finance Managing Director, Alex Mezhvinsky.
The Invox Finance Platform is a decentralised peer-to-peer invoice lending platform that will allow sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information.
This platform will completely eliminate the need for a financier’s involvement by connecting businesses that wish to accelerate their cash-flow through selling their invoices directly with investors who wish to finance these invoices.
Together with Mo Works, Invox Finance will be launching their first ICO this year with the aim of selling Invox Tokens to institutional and retail partners.
This strategic partnership is set to propel Invox forward in their marketing. With a promising product, a strong advisory team which is soon to be announced, and now a design and marketing team with full-stack capabilities, we expect great things for Invox.
The ICO will assist in developing the Invox Finance Platform as well as to market the service and to build a community that supports the platform.
By participating in the Invox Finance ICO, participants will be provided with Invox Tokens at a significant discount, which will entitle its holders to access the Invox Finance Platform through the Trusted Member Program.
To read more on the white paper: Invox Finance Platform White Paper
For more updates and news:
For more information on Invox Tokens:
Invox Tokens will also be given as rewards by the Invox Finance Platform to buyers and sellers for verifying invoices and upon the settlement of loans. The amount of the Invox Tokens awarded to the buyer and seller will be in proportion to the value of the invoice. As the Invox Finance Platform grows so will the total value of the invoice loans within it. Consequently, when the total value of the invoice loans increases so will the rewards (in Invox Tokens) for verifying the invoices. Additionally, each seller will need to have tokens to pay for a yearly membership fee.
Original article was created by: Invox Finance at medium.comDisclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.
Interested in Cryptocurrencies and ICO's?
Follow our telegram channel for daily cryptomarket reports!Join @cointrends
|3 hours ago||blockchain|
|4 hours ago||blockchain|
|3 hours ago||finance|
|8 hours ago||finance|
|11 hours ago||ico|
|14 hours ago||ico|
|12 hours ago||fintech|
|17 hours ago||fintech|
|16 hours ago||business-development|
|3 weeks ago||business-development|
Stay on top of Altcoins and ICO trends.
Subscribe to our free Weekly Cryptomarket report
Delivered once a week, strongly to your inbox.Subscribe to our mailing list
June 25, 2018
By Adam Mezhvinsky - Co-Founder and COO at Invox FinanceWhile blockchain is turning 10 later this year, I predict only a handful of people will be celebrating reaching double digits. The market is in a slump, and we’ve rapidly slid down from the high that was 2017. Many critics are now...From: Invox Finance
June 22, 2018
Jim WowchukWe are excited to announce that Jim Wowchuk will be joining the Invox Finance team as our Chief Technology Officer (CTO). Jim brings strategic insight to the Invox team that he has gained during more than 30 years of engineering high quality, commercial software, for major companies...From: Invox Finance
April 04, 2018
Invox Finance Coin Sale is back on track with some big updatesWe’ve heard that many of our loyal supporters missed out on their chance to contribute before our preICO sold out.Our community is our number one priority and we’re dedicated to providing you with the best service possible.So...From: Invox Finance
March 19, 2018
After their recent partnership with Visa, the most popular e-wallet in Hong Kong, TNG, has signed a deal with Invox Finance with a value of up to US$2 million in Talent Coin.The partnership was finalised after the two teams met during Money 20/20, the world’s leading payments event, and will...From: Invox Finance
March 14, 2018
MoxyOne is on a mission to advance the widespread adoption of cryptocurrency and we are pleased to announce that we will be joining them as a Partner Company.The decentralised financial company offers branded debit cards and secure payment infrastructure for all companies and ICOs that issue...From: Invox Finance
March 13, 2018
We’ve now partnered with SelfKey (KYC Chain), which means token buyers can instantly and securely complete their KYC during the Invox Finance Token Sale. Here’s a rundown on how to use the app and complete yours.1. Log InThe first thing you will need to do is log in. You can do this by...From: Invox Finance