StonePay crowdfunding campaign rocks!

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London, April 6th 2022

StonePay reaches 100% of their funding target on Seedrs in 2 weeks! Now in overfunding, with only a limited number of days remaining to invest.
https://www.seedrs.com/stonepay

How did #stonepay reach such a result?
Here are some answers provided to investors by StonePay’s CEO and Founder #filippomazzei in a recent forum, that underscore StonePay’s value to investors: “Our start-up has big plans with an ambitious roadmap to launch in the UK and then in the EU. Our fintech #app wants to change B2B business dynamics, introducing a new concept for business-to- business trust. We address a $210 Trillion market with a new way to assess business risk. In B2B trade, dealing with late payments has been a real problem in search of a solution, as a significant number of transactions are settled with payments scheduled over time. To trade successfully business folks need up-to- date and reliable information about the other party as relates to trustability and invoice payment history. Reputation is especially important when starting new relationships.

When we set out to build #stonepay we thought: How can we obtain such verified business information? We didn’t want to approach it like another credit score system, relying on external financial data. We wanted a better alternative, where such information starts and ends with the community, to help democratise trust. At the same time we sought to eliminate the dependency on externally sourced info or reliance on third parties, such as credit reports from insurance companies and finance institutions.

Our mission is ambitious, to create a new standard of trust that helps accelerate trading by facilitating confidence and improving the terms of trade with a new partner, client or vendor. While bypassing financial institutions and avoiding this normally highly regulated environment.

Further information in the press release to download