Young Entrepreneur of the Year Finalist 2013: MarketInvoice

Established by Anil Stocker and Charles Delingpole in 2011, MarketInvoice is Europe’s first online platform allowing small and medium-sized businesses to selectively sell their invoices to a pool of global investors. Investors then compete to provide funding at the lowest cost, with winning buyers advancing cash to businesses within 24 hours.

Since its launch MarketInvoice has channelled over £70m in funding to small and medium enterprises. In March 2013, the company was included in the UK Government’s “Business Finance Partnership”, which over the course of the year will see UK small businesses benefit from £40m of government funds via MarketInvoice’s services.