With more than 1,100 registered companies, our sales team is producing steady three-digit monthly growth, with more than 300 companies being added to our sales funnel every month since April 2019. This, on a small market like Slovenia, proves that our sales and marketing strategy — with partnerships, micro-events, digital and native advertising, and our very own call center — works and we cannot wait to reap the benefits of our efforts on future, much larger markets!

We have put together a few numbers that show the growth potential for Q3/Q4 2019 and 2020! Having signed up more than 1100 companies, working on verifying them on a daily basis, 0.7 % of all companies in Slovenia have been added to our sales funnel in less than four months and we are pushing harder to grow even faster in the next few months.

With the sub -10k factoring market being almost non-existent in the EU, the majority of factoring companies are focusing on 50k+ invoices. We are opening a totally new market as the average invoice sold on Hiveterminal is EUR 2,907.04. This shows we are on the right path, providing micro and small companies — which accounts for the vast majority of companies in EU — with the liquidity they need. We are opening a totally new market for invoice financing. We even saw an invoice of just over EUR 50 financed, which is something that was not done prior to Hiveterminal due to the high costs of manual labor and the prolonged factoring processes.

The overall number of invoices sold on Hiveterminal is currently at 69 and 37 of those were sold in July alone (you can check the numbers HERE). We are now seeing the first returning companies selling invoices. On average, companies received money in less than 30 hours and the fastest completed sale happened in less than 1 minute! We are proud to have created seamless and quick transactions by reducing bureaucracy around the invoice financing process!

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I would like to invite you all to our Telegram channel, where great communication is being held between our users and team members. To join our Hiveterminal Official Channel, you will need to:

Register on Hiveterminal ( www.hiveterminal.com ) as either an invoice buyer or seller and pass the user verification process.

Using the same email used for Hiveterminal registration, you will then need to send your Telegram username to our email: support@hiveterminal.com.

The Hiveterminal Support Team will personally verify that you are a user of Hiveterminal and add you to the new Telegram channel. It is open to all that want to talk about Hiveterminal, regardless of whether they currently own Hiveterminal Token (HVN) or not.