Ep 12: The Amazon for Invoices in Africa

Capsa: The Amazon for Invoices in Africa

Capsa Technology Inc is a fintech company focused on streamlining and bridging the financial woes of SMEs in Africa – starting in Nigeria, have built a platform that gives businesses a smarter path to cash at cheap rates within 48 hours – called ‘Getcapsa.com’. Getcapsa.com turns unpaid invoices into working capital and avoids bad debt that cripples their businesses by building an Exchange/platform that allows businesses (especially SMEs) to convert their receivables to tradable assets for Fund Managers to buy. Unlocking liquidity for SMEs and creating a new asset class for Fund Managers to invest in!

Key Features

• Eliminates the 30-120 day wait period businesses take to pay their outstanding invoices – Reduced days sales outstanding (DSO)
• Provides faster access to funds for enhanced working capital
• Provides a system with Enhanced borrowing capacity
• Significantly lower borrowing cost unlike traditional invoice discounting via commercial banks
• Allows less reliance on external sources of capital
• Encourages decreased credit and collection risk

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