Fundraising FoxUsecopay
London, GB · 1 known investors
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Copay offers invoice-based early payment financing for subcontractors, releasing funds once an invoice is approved with a small discount applied and no compounding interest. It bases eligibility on the contractor's creditworthiness rather than the subcontractor's, positioning itself as an alternative to invoice factoring and bank credit lines in the construction sector.
Founders & leadership
MB
Mahmoud BahaaFounder
Investors · 1
Project A Ventureslisted by Project A VenturesBerlin · $1.1M – $6.6M
How we know: the VCSheet dataset · Not right? Tell us
Frequently asked questions
- What does Usecopay do?
- Copay offers invoice-based early payment financing for subcontractors, releasing funds once an invoice is approved with a small discount applied and no compounding interest. It bases eligibility on the contractor's creditworthiness rather than the subcontractor's, positioning itself as an alternative to invoice factoring and bank credit lines in the construction sector.
- Who founded Usecopay?
- Usecopay was founded by Mahmoud Bahaa.
- Who are Usecopay's investors?
- Usecopay's investors include Project A Ventures.
- Where is Usecopay headquartered?
- Usecopay is headquartered in London, GB.