Novo - Leading the Way
in Embedded Finance
Combining technology with financial structuring expertise, Novo Business Network has developed a revolutionary funding method to offer receivables finance to suppliers of major corporate buyers on a large scale.
Get in touchWhat Issues Are We Addressing?
Slow Access to Cash
Payment terms for small and medium-sized enterprises (SMEs) have lengthened over recent economic cycles, creating working capital challenges for these businesses. We have developed technology and use of digital currencies to help with near-instant transfers.
Decreased Finance Accessibility
The traditional funding relationship between banks and SMEs has deteriorated since the financial crisis of 2008-2010, leading to a funding gap that needs to be addressed.
Technological Evolution in
Working Capital Funding
The use of technology and tech platforms to leverage big data is opening up new opportunities for SMEs to access working capital funding, bridging the funding gap they face. Novo is at the forefront of this technological shift.
Our Approach
We collaborate with platforms that monitor and utilise the invoicing and payment behaviours of large corporations and their supply chains. This allows Novo to make informed, data-driven funding decisions with managed risk. We then automate and broker quick and efficient financing to eligible suppliers of large enterprise buyers against their outstanding invoices.
In essence, Embedded Finance involves offering financial products that are integrated within a corporate's invoice payment system.
Novo's Funding Structures
Our funding models create a financial bridge connecting:
About Novo Business Network
Novo plays a significant role in the non-bank funding sector for corporate and SME working capital, which has seen rapid growth since the financial crisis of 2008-2010. It has become a crucial partner for many corporates and SMEs seeking to optimise their working capital cash flows and supply chain relationships.
Novo boasts a global reach and a unique approach to addressing the challenges that corporates and SME's face in an increasingly digital world, driven by team of international talent and years of experience.
Contact us
Send us a message, and we'll get back to you shortly.