Rapyd Financial Network

Founded in 2021 by Roland Jais-Nielsen, HERO is on a mission to bridge this SME funding gap and disrupt the financial landscape for SMEs across Europe. By providing a large range of instantly available financing and payment options, its primary focus is to resolve the working capital crunch for European SMEs.

Volopay.co Pte. Ltd. is a Singapore-based fintech startup founded in 2019 that specializes in AI-driven expense management software. The platform offers a comprehensive suite of tools designed to streamline business expense workflows, providing real-time visibility and control over financial transactions. Key features include virtual cards, automated expense reports, customizable approval processes, and budget management. By enabling users to capture receipts and automate bookkeeping, Volopay significantly reduces the administrative burden associated with traditional expense management methods, such as spreadsheets and paper checks. The software integrates seamlessly with various accounting systems and productivity tools, facilitating efficient payment processes for everything from employee reimbursements to vendor payouts. Overall, Volopay aims to enhance financial oversight and efficiency for businesses, allowing them to focus more on their core operations.

Modalku is an online marketplace based in Jakarta, Indonesia, designed to connect small businesses seeking loans with lenders looking to fund these loans. By leveraging technology, Modalku offers borrowers access to financing options that may not be available through traditional channels, often at lower interest rates. Lenders participating in the platform can achieve returns that surpass those typically found in bank deposits and traditional investment products. This marketplace lending model has been successfully implemented in various countries, including the USA, UK, China, and Singapore, demonstrating its effectiveness in supporting small business growth.

Funding Societies Pte. Ltd. is a peer-to-peer financing platform based in Singapore, founded in 2015. It connects investors with small and medium-sized enterprises (SMEs) seeking funding, thereby addressing financial inclusion challenges and making credit-worthy SMEs more bankable. The platform offers a range of flexible financing options, including micro and term loans, as well as invoice financing, supported by advanced credit scoring and risk assessment models. Since its inception, Funding Societies has facilitated over 3.3 million business loans, amounting to more than S$1.8 billion in funding. The company has received multiple accolades, including the Global Excellence Award from ITU Telecom, and holds operating licenses from regulators in Singapore, Indonesia, and Malaysia, making it a pioneer in the region's peer-to-peer lending landscape.

DiviPay is an expense management and virtual card issuance platform that helps businesses control their spending and automate their expense reporting. A simple approval process and instant virtual card issuance eliminates the need for credit card sharing, reimbursements and expense reporting.

Anchor pays companies on schedule. A cloud-based platform that redefines B2B billing, collections, and payments is Anchor's autonomous billing solution. The dangers of fraud and human mistake in B2B payments are eliminated by Anchor by offering an end-to-end billing and collections solution and removing all manual labor from these operations. Anchor was established in 2021 in New York, United States.

Valitor was one of the first companies to get a European cross border license and has been offering international acquiring services since 2003. While their main focus to date has been on e-commerce, they are now rapidly growing their card present services. They pride ourselves on their can-do attitude and an ability to create tailored solutions, demonstrating a flexible and personal dimension that you will not find elsewhere. Their growing team of professional and service-orientated staff provides a high quality service that is appreciated by their customers. Valitor offers acquiring services to merchants all over Europe through a network of selected partners. At the heart of their success are the long-established relationships with their partners, which have enabled all parties to gain a competitive advantage by capitalising on each other’s resources.

Korta hf., based in Reykjavík, Iceland, is a Payment Service Provider that specializes in online cross-border payment processing. Established in 2002, the company offers a comprehensive suite of services for handling VISA and Mastercard transactions, including technical setups, authorizations, data delivery, merchant services, billing, and settlements. Korta aims to deliver innovative and user-friendly online payment solutions tailored for merchants of all sizes while ensuring a high standard of safety. The company has maintained PCI DSS certification since 2005, allowing clients to securely handle credit and debit card payments without needing their own certification. Korta is licensed as a payment institution by the Icelandic Financial Supervisory Authority and holds principal membership with Mastercard International and Visa Europe. Recognized for its rapid growth, Korta was ranked 106th on the Inc 5000 Europe list in 2016.