Revving

Revving is a United Kingdom-based startup founded in 2020, with the slogan "Cashflow today for tomorrow's payments." The company aims to revolutionize factoring for the digital economy, addressing the challenges faced by online trading businesses in receiving timely payments for purchases made through third-party platforms. This delay in receiving payments, which can be as long as 90 days, creates cashflow management issues, especially when dealing with high volumes of small payments in multiple currencies. Recognizing this problem, Revving is committed to providing immediate access to earned revenue in any currency. The company's suite of fully automated solutions empowers digital businesses to take control of their cashflows, thereby enabling them to fund operations and invest in future growth more effectively. Despite being a relatively young player in the industry, Revving has already secured a significant Venture Round investment on 01 January 2023 from Vala Capital, a noteworthy investor in the finance and financial services industries. In summary, Revving's innovative approach to addressing cashflow challenges in the digital economy has attracted attention from investors, and its commitment to providing immediate access to funds for businesses has the potential to disrupt the traditional factoring landscape. With the backing of Vala Capital, Revving is well-positioned to further develop and scale its offerings, potentially making a significant impact in the finance and financial services industries. To learn more about Revving, visit their website at revving.io!