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Fellow Pay

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Invoice factoring service providing immediate cash flow for SMEs.

Overview

Fellow Pay is a fintech company that focuses on invoice factoring, enabling businesses to convert accounts receivable into immediate cash. This service is designed for B2B small and medium-sized enterprises (SMEs) that experience slow payment cycles, allowing them to receive payment on invoices on the same day they are issued. The platform evaluates customer creditworthiness and offers transparent pricing without hidden fees, which can assist companies in managing their liquidity. Fellow Pay targets a range of industries and aims to promote financial inclusion and equitable access to finance, helping businesses to operate and expand without the delays typically associated with traditional financing methods.

Key facts

Founded
2017

Business model

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About Fellow Pay

What does Fellow Pay do?

Fellow Pay is a fintech company that focuses on invoice factoring, enabling businesses to convert accounts receivable into immediate cash.

Where is Fellow Pay headquartered?

Fellow Pay is headquartered in Copenhagen, Denmark.

When was Fellow Pay founded?

Fellow Pay was founded in 2017.

Which sector is Fellow Pay in?

Fellow Pay operates in Digital Lending, part of Financial Technology.

Who are Fellow Pay's competitors?

Companies similar to Fellow Pay include CashMere, Loopay, and FinSpot.