Innovation Birmingham Campus-based start-up, Liquidity Exchange, has announced a partnership with international debt collection firm, Atradius Collections.
Founded in 2016, Liquidity Exchange provides cost effective access to finance for small and medium sized enterprises. The web-based platform is the first business of its kind to offer both access to finance and a platform for its clients to trade with other companies.
Atradius Collections is one of the world’s leading B2B debt collection firms with offices in 25 countries, providing invoice collection and verification services in 96% of countries, worldwide. This partnership will enable companies that trade through Liquidity Exchange to also benefit from the experience of Atradius collections, either through First Party or Third Party collections.
Tope Odugbesan, CEO of Liquidity Exchange, said: “This partnership will be a fantastic opportunity for our clients to take advantage of the tremendous experience of Atradius Collections and deal with trade counterparts with more confidence.
“We are currently holding discussions with several notable financial lenders and insurance companies and look forward to speaking with other potential clients in the very near future as the company continues to go from strength-to-strength.”
Michael Fradgley, Channel Manager at Atradius Collections, said: “We are incredibly proud to be partnering with Liquidity Exchange and are pleased to support their clients with their collection efforts globally.”
Launched in November 2016, the Liquidity Exchange website is now available for companies to create their free business account. Their beta trial will launch in the UK next month, followed by a public launch in June 2017.
Liquidity Exchange is one of 136 tech start-ups to have been incubated by the Entrepreneurs for the Future (e4f) programme since November 2009. With over £13.3 million raised in initial investment rounds, the programme has contributed to creation of over 400 new jobs.
For more information on Liquidity Exchange, please visit: www.liquidityexchange.co.uk
For additional information on Innovation Birmingham, please visit: www.innovationbham.com