Member Article

London invoicing company Obellix raises $4.7 million to help SMEs

Poole and London-based invoicing platformI Obillex has raised $4.7 million from Dawn Capital and MMC Ventures.

The platform allows small businesses to settle invoices early by using the ‘pay-me-now’ function, with a private markets investor putting forward the funds.

Obillex work alongside a government regulated trustee to ensure payments are correct and on time.

Josh Bell, who is a partner at Dawn Capital and is joining the Obillex board, told TechCityNews: “We believe Obillex’s proprietary product and strong team are well-placed to win in this market.

“The investment will be used for product development and the rollout of the service across the UK.

“We’re about to launch a brand new website. Before we go live we need your help to make sure we create the best user experience possible.”

This was posted in Bdaily's Members' News section by Ellen Forster .