Funding Details
- Awarder
- Inbox
- Date Award
- August 04, 2021
- Vertical
- Blockchain Technology
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2020
- Traction
- CoreChain has processed over $300 million in B2B payments for enterprise buyers since its launch.
- Organizations Involved
- PaymentWorks
- Founders
- Chris Aguas
- Company Description
- Using enterprise blockchain technology to power B2B payments and financing, CoreChain is streamlining the manual processes and painful reconciliation that has remained static for decades, while mitigating fraud. CoreChain also unlocks lending opportunities to finance the working capital being held in unpaid invoices that age towards settlement due dates, frequently 30 to 120 days in arrears.
- Market
- B2B Payments and Financing
- Location
-
New Haven,
Connecticut,
USA
- Coinvestors
- Bloccelerate VC, Connecticut Innovations, New Form Capital, Ulu Ventures
Links