Invoice Coin (IVC)

Invoice Coin, the crypto

Invoice Coin (IVC) is a cryptocurrency designed for invoice financing and peer-to-peer lending.

The point

The main point of Invoice Coin (IVC) is to provide a decentralized finance solution for invoice financing, which enables businesses to sell their outstanding invoices to investors who are willing to provide immediate cash flow in exchange for a discount. This allows businesses to free up cash flow and reduce their financing costs, while providing investors with a new and lucrative asset class.

The problem

Invoice Coin (IVC) tries to solve the problem of limited access to financing for small and medium-sized enterprises (SMEs). Traditional financing options such as bank loans are often hard to acquire for SMEs due to strict eligibility criteria and lengthy approval processes. Invoice financing through IVC provides a faster and more accessible alternative, which is especially important for SMEs with limited financial resources.