Back to Organizations
Populous World
Get immediate cash for your invoices while investors earn fixed returns. Secured by legally registered charges and enforced by smart contracts.
Distributed
Description
Populous World is a decentralized invoice financing platform that provides a transparent and secure process with recourse. Sellers submit verified invoices with supporting documents, and buyers confirm the debt obligation. Investors can then review and commit capital to fund these invoices. The platform verifies the legal charge on Companies House; if verified, funds are locked and released to the seller, minus a small fee. The seller is responsible for repaying the investors with interest, regardless of when their customer pays. Key features include legal security through verified floating charges, a time-bound process with refunds if verification fails, transparent pricing, a recourse model, smart contract enforcement for automated compliance, and multiple layers of verification to protect investors from fraud.Grant Funding
VC Funding
None
2017
$0
$10M