Storfund

Storfund is a financial technology company that provides immediate payment solutions to marketplace sellers. They offer a service that advances sellers up to 80% of their net, shipped sales each day, allowing them to access funds more quickly than traditional marketplace payment terms allow. This helps sellers to accelerate their growth by enabling them to restock inventory immediately and take advantage of supplier discounts. Storfund operates in a number of countries and works with a variety of marketplaces, including Amazon, Back Market, ManoMano, and Mirakl platforms.

Storfund's focus is on providing a simple, transparent, and reliable solution for sellers. Their flat fee starts at 0.1% of the seller's total net sales funded, and there are no setup fees or minimum term commitments. They also offer currency conversion services at wholesale exchange rates, further reducing costs for international sellers. By partnering with marketplaces and software providers, Storfund aims to build a win-win ecosystem that benefits all stakeholders in the ecommerce industry.

Storfund's mission is to make ecommerce cash flow by providing marketplace sellers with immediate payment for their sales, eliminating payment delays and freeing up cash for reinvestment. This allows sellers to grow faster, restock more quickly, and capitalize on growth opportunities. By streamlining the payment process, Storfund aims to empower sellers and contribute to the overall growth and success of the ecommerce ecosystem.

Storfund promotes a culture focused on growth, innovation, and collaboration. Their team is driven by a passion for helping ecommerce businesses thrive, and they value transparency, honesty, and ambition. This is reflected in their commitment to providing fast, reliable, and accessible financing solutions for sellers on various marketplaces. The company's founders, George Brintalos and Akbar Ahsan, emphasize a bootstrapped approach, demonstrating a strong work ethic and dedication to building a sustainable business. This fosters a culture of entrepreneurial spirit and a shared commitment to making a difference in the ecommerce landscape.