From Hilton to small businesses, the FinTech start-up underpinning 100,000 new British exporters

7 years ago

Having processed millions in payments for internationally renowned clients including Hilton, resulting in a remarkable 70% reduction in payment delinquency rates, Pace invoice is now expanding to SME’s from 1st December to help support the DIT’s (Department for International Trade) government charter to create 100,000 new British exporters by 2020.

Boasting features including multi-currency accounts and a myriad of payment methods, PACE Invoice’s new platform offers free transfers via its networked B2B wallet on payment collection and invoicing solutions to businesses expanding into foreign markets.

Commenting on what this means, “In essence, we make it easier to trade abroad and, most importantly, for our clients to get paid” explains Chief Commercial Officer and board member Nic Gidaracos. While this may seem simple, the end result is clear. Flagship client Hilton saw a dramatic reduction in reconciliation administration on top of their decrease in payment delinquencies.

With DIT claiming that UK export figures could hit £1 Trillion by 2020, it would seem that the sky is the limit for this bold and expanding start-up.

NOTES TO EDITORS

PACE invoice currently offers a free-sign up for its new platform

Further details: www.paceinvoice.com

Contact:

James Shattock 07765861642

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About PACE Invoice

PACE Invoice enables businesses to issue invoices which their clients can pay locally, in their own currency. For the client, this provides a much easier experience which encourages prompt payment, thereby reducing currency exposure and is proven to reduce payment delinquencies