9 years ago

Satago Raises £4.6 Million to Help Small Businesses Get Paid

  • Satago, a UK fintech startup that helps freelancers and small businesses get paid on time, has raised £4.6 million from ESF Capital

  • The funding will allow Satago to offer its Invoice Finance product to a wider audience, which pays freelancers and small businesses 85 percent of outstanding invoices upfront

  • Satago is also launching a new feature that will allow businesses to front outstanding invoices as small as £500 and up to £50,000 per client.

      • ProblemFinancial Services

      "Small businesses struggle to get paid on time, leading to cash flow issues and hindering their growth."

      Solution

      "Satago provides an automated platform to help small businesses track invoices, send automated reminders, and get paid faster. They also offer Invoice Finance, a service that provides immediate upfront payments for outstanding invoices, giving businesses access to much-needed cash flow."

      Covered on