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Diaspora Finance

Category
Scaleup Innovator

Vertical
Business Lending, Financial Education and Inclusion, AI & Machine Learning, Banking, Open Banking, Data Analytics

Location
London

DiasporaFinance is the world’s most intelligent SME invoice finance platform. We help UK SMEs release liquidity from outstanding invoices and accounts payables, by connecting them with passionate investors, all together, on one trusted invoice finance platform.

As with all SME finance, access to complimentary financial services is a crucial part of the journey. That’s why at DiasporaFinance we’ve said goodbye to paper documents, lengthy payment times and blockages within the SME supply chain.

For many, the main barrier to SME funding is a lack of detailed information on their finances and unique business models. We’ve decided it’s time for change. DiasporaFinance is combining Open Banking, Artificial Intelligence and Machine Learning to build an intelligent technology driven platform to help SMEs claim their fair share of economic prosperity.