Until now, only individuals had an opportunity to use Hiveterminal as invoice buyers, making high ROI on our peer-to-peer blockchain based invoice financing platform. With this release, we are bringing in a new pool of potential users as we are opening the platform to legal entities (companies, institutional investors, etc.) first in Slovenia and, later on, in other countries.

This release is of great importance as it brings us new business opportunities while delivering benefits to our current users as well as to the companies and institutional investors that can now start buying invoices on our platform.

With this release, we are delivering new liquidity to the platform, providing invoice sellers with the option of selling larger invoices to high-net individuals, institutional investors, and companies, all of whom usually invest in higher sums than the general public (our current invoice buyers). This move also enables our sales and marketing teams to go after larger companies with larger invoices, delivering a whole new group of companies to pitch our platform to.

With companies now able to register and start buying invoices, we are receiving new users to the platform on the buying side, as they too would like to benefit from invoice financing on Hiveterminal — the portal offers ability for high-return invoice financing with plainly laid out risk provided by our real-time invoice risk analysis functionality. Additionally, this move enables invoice buyers to be incorporated which helps them with their tax optimization.

Our partnerships with organizations like the Chamber of Commerce and Industry of Slovenia and The Chamber of Craft and Small Business of Slovenia will be used to drive companies to Hiveterminal and to instruct them on how they can use the portal to not only get liquidity when needed, but use their excess capital and earn, with invoice financing.