FOB Money: Instant Payments for Global Trade
Global buyers demand faster production. Asian suppliers need faster payments. The 120-day payment model is not sustainable for SME suppliers.
SME suppliers can’t survive waiting 4 months for payment—yet banks and factoring firms still force them to.
- Traditional lenders require collateral and move too slowly.
- Fintechs ignore the $50K-$500K invoice gap.
- FOB Money pays suppliers instantly when goods ship, collecting from buyers later.
Solve the $50B SME cash flow crisis. Join FOB Money’s movement.
Watch Alex Tikhonov (CEO), share the FOB Money story
Alex Tikhonov is the founder of FOB Money, an Early Payment Invoice Platform. FOB Money solves the problem that SME suppliers in Asia have when selling to big companies in the US, Europe and the UK, namely waiting for their payments, sometimes up to 180 days after shipment.
FOB Money solves this problem through their app by paying suppliers upon shipping, which enables them to keep their cash flow healthy.
FOB Money is raising $1.65, in equity funding, as well as $7.3m working capital with a guaranteed 8% p.a. return.