One Line Pitch: Billia is an invoicing and payment software solution, based on a risk analysis model, which verifies business transactions and earned revenue for small and medium size businesses (SMBs)
Business Summary: With Billia, SMBs create a profile of their business so that the risk analysis model can produce a credit score. SMBs submit their invoices to Billia by either uploading a scanned version or by creating the invoice using Billia’s professional invoice creator. Billia will provide AP monetization, allowing liquidity. In the case of receivables, collateral for transactions are approved receivables, contracts and inventory. Billia receives commissions from third-party lenders. Other Billia services will include invoice reconciliation, reports, data export, bookkeeping and CRM integration
Sector: Information and Communications Technology