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bookmark7 /10
team - good team
mvp - yes
idea - usual
competitors - many
market - #Platform #BusinessServices
Starts
Aug 27th 2018
in 2 months
Ends
Sep 24th 2018
in 3 months

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The InstaSupply platform, started in 2015, is already supporting the trade of over 2300 businesses, and is growing daily. PayBlok is a token aimed at solving small and medium size business cash flow problems by offering an early payment function on top of the existing features within the InstaSupply platform, which currently connects buyers and suppliers, matching purchase orders, deliveries, and invoices.  Small businesses have $20T+ in outstanding receivables, take an average of 60 days to get paid, with 50% still paid late. Options for solving these challenges are expensive and limited, but InstaSupply is already involved in tracking and reducing this kind of issue. 

 

Team

Lee Pruitt
CEO
Tim Huegdon
CTO

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