Zeconomy

Amplifying the value of traditional financial products through native on-chain solutions.

General Information
Company Name
Zeconomy
Founded Year
2013
Location (Offices)
New York, United States +2
Founders / Decision Makers
Number of Employees
9
Industries
B2B, Marketplaces, Payments
Funding Stage
Convertible Note
Social Media

Zeconomy - Company Profile

Zeconomy is a US-based startup, founded in 2013, with a vision to bridge CeFi and DeFi to better fuel global trade and local businesses. The company's slogan "Bridging CeFi and DeFi to Better Fuel Global Trade and local business. Faster Payments & Deeper Trade Liquidity." encapsulates its mission to streamline the "procure-to-pay" processes among corporate buyers, sellers, and institutional funders.

Zeconomy's proprietary algorithms enable quicker, more cost-effective access to capital for buyers and sellers, disrupting traditional funding avenues. Its platform provides substantial benefits to companies and their suppliers, offering faster payment cycles for suppliers and increased cash flow for large companies.

With Zeconomy, suppliers can receive payments on day 1 of invoicing without incurring high financing premiums, resulting in up to 50% savings. Large companies can extend payment timelines without incurring debt, resulting in approximately 30% more cash on hand.

By aggregating credit quality and processing for financial institutions, Zeconomy is transforming the billing cycle into additional cash and savings for both parties. In April 2021, the company secured a $5.00M Convertible Note investment. With no disclosed specific investors, the latest investment marks an important milestone in Zeconomy's journey to revolutionize B2B payments and solidify its position as a game-changer in the intersection of finance and technology.

Taxonomy: CeFi, DeFi, global trade, procure-to-pay, technology platform, liquidity, financial institutions, algorithmic transactions, credit solutions, business-to-business, payment network, capital financing, trade finance, cash flow optimization

Funding Rounds & Investors of Zeconomy (4)

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Funding Stage Amount No. Investors Investors Date
Convertible Note $5.00M - 01 Apr 2021
Convertible Note $2.31M - 01 Mar 2017
Convertible Note $2.03M - 01 Jan 2016
Seed Round $1.55M - 18 Jun 2014

Latest News of Zeconomy

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No recent news or press coverage available for Zeconomy.

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