Storfund

About Storfund

Storfund is a financial technology startup that provides a unique solution to online marketplace sellers who often face delayed payments. The company operates in the e-commerce market, specifically targeting sellers on platforms like Back Market and Amazon. These sellers usually have to wait between 14 to 60 days to receive their payments, which can significantly impact their cash flow and ability to restock inventory promptly.

Storfund's business model is designed to address this issue. The company offers a service where it pays the sellers their due amount immediately, instead of them having to wait for the marketplace to release the funds. This service allows sellers to manage their cash flow better, restock their inventory immediately, and avoid losing potential sales due to stockouts.

Storfund charges a low fixed percentage of the seller's net sales for this service. There are no subscription fees or setup costs involved. The company's integration with the marketplace platforms ensures that the sellers do not need to request payments or submit sales data manually. Moreover, Storfund claims that 99.9% of the payments arrive on time.

The company also supports sellers looking to expand their business internationally through its global network of marketplace partners. Additionally, Storfund offers a user-friendly dashboard that sellers find more preferable than Amazon's.

In summary, Storfund provides a simple yet effective solution for online marketplace sellers to manage their cash flow and grow their business.