Crowdz
“Can a marketplace for SMB invoice receivables become the white-label infrastructure layer for supply chain finance at scale inside banks and enterprises?”
HQCampbell, CA, USA
Latest roundSeries A (strategic investment), April 2022
IndustryFintech / Lending
The story
Crowdz (legally Agora Intelligence, Inc.) operates an electronic marketplace for the sale and purchase of receivables, connecting SMB invoice sellers with institutional and other buyers. The platform evolved from a peer-to-peer invoice trading model toward a white-label B2B infrastructure play — Supply Chain Finance as a Service (SCFaaS) — enabling banks and enterprises to embed receivables/supply chain finance under their own brand. Strategic investment from Citi signals a deliberate move into institutional trade finance distribution.
Product timeline
2022
Secured $10M investment led by Citi and Global Cleantech Capital to expand receivables finance for SMBs globally.· lending
2022
Signed GoCardless for open banking payment solutions across four markets (US, UK, and two others), incorporating Instant Bank Pay, Verified Mandates, and bank account data.· banking
2023
Launched white-label Supply Chain Finance as a Service (SCFaaS) program for financial institutions and enterprises.· lending
The stack
Lending
Invoice receivables marketplace (invoice trading/factoring)Receivables finance for SMBsSupply Chain Finance as a Service (SCFaaS) white-labelRecurring revenue finance (SaaS receivables)
Open banking
Accounting
Accounting gap: minor