/TDeFi/ – TDeFi is thrilled to welcome InvoiceMate, a platform that is spearheading a transformative initiative in the DeFi landscape. It facilitates the tokenization of RWAs such as invoices, empowering SMEs to access working capital finance while offering liquidity providers opportunities to earn real and secure yields.
About InvoiceMate
InvoiceMate stands at the forefront of pioneering financial technology, harnessing the potential of blockchain and artificial intelligence to redefine the landscape of invoice management and financing. With a comprehensive suite of advanced tools including an Invoice Management System, Embedded Finance Solutions, Automated Invoice Verification (KYI), Loan Origination System and more, they offer businesses, particularly SMEs, unprecedented access to invoice financing.
Acting as a vital intermediary between businesses and both traditional financial institutions and emerging CeFi/DeFi lenders, InvoiceMate employs AI algorithms (KYI) to conduct thorough due diligence. Through meticulous analysis of parameters such as risk, proof of transactions and much more, they ensure the integrity and authenticity of invoices, thereby bolstering lender confidence and facilitating smoother financing processes for businesses.
Building upon their established legacy in invoice financing, InvoiceMate is now introducing a “Decentralized Money Marketplace for Real-world assets (RWAs)”. This strategic expansion aligns seamlessly with the burgeoning demand for alternative asset classes and is primed to capture a market projected to exceed $16 trillion by 2030.
They have garnered support from prestigious organizations such as the Mohammed Bin Rashid Innovation Fund, DIFC Accelerator Program, Crypto Oasis Venture Builders, and Dfinity Foundation. Moreover, the platform has been honored with accolades such as the “Blockchain Startup of the Year” award by Gulf Business Awards and the “Best Invoice Financing Solution 2024” at the UAE MEA Markets Business Awards. They were also recently acknowledged as a “Rising Star” in the Deloitte Technology Fast 50 program, which honors the fastest-growing tech companies based in the Middle East or Cyprus.
Why InvoiceMate: Our Thesis
The Rise of RWAs: Tokenization gives RWAs higher utility by enabling fractional ownership, providing real and secure yield, and fostering increased adoption by merging traditional finance with DeFi. The demand for tokenized assets has surged significantly over the last couple of years, for instance, the market for tokenized US Treasuries have expanded from ~ $100 million in early 2023 to ~ $730 million. This growth is driven by crypto firms aiming to generate a consistent yield by depositing their on-chain funds. Further, the TVL in RWA protocols has surged by a staggering ~ 489% on a YoY basis and stands at $5.9 billion as of the writing date. Lastly, there are ~ 340 million SMEs worldwide with $5.2 trillion lending requirements, representing a huge potential for growth and investment opportunities.
Synergy with TDeFi’s Vision: InvoiceMate’s mission aligns seamlessly with TDeFi’s objectives of promoting innovation and democratizing access to digital assets. This partnership is built on a shared vision of empowering SMEs and enhancing the digital asset landscape. We believe that introducing a token can incentivize the engagement of ecosystem participants through rewards, rebates, or exclusive features tied to the token, motivating them to participate to earn and utilize them actively.
Expert Leadership: The InvoiceMate team is spearheaded by Muhammad Salman Anjum, Founder & CEO, who has demonstrated visionary leadership in blockchain-based invoice financing and advocacy for enterprise blockchain solutions since 2016. Building alongside him is Usman Salah Uddin, Co-Founder & CTO, a seasoned IT professional with over 18 years of experience specializing in digital transformation. Adding to the synergy is Muhammad Zeeshan Abid, Co-Founder & Product Lead, who leverages extensive experience as a chartered accountant and brings prior experience from running traditional invoice financing companies to enrich product insights. Saeed Muhammad Ali Alhebsi, Co-Founder & Strategy Leader, an AI advisor to the Minister of Human Resource and Emiratisation for the UAE government, complements their efforts, shaping the future of blockchain and AI integration. Lastly, Rafael Schultz, Shareholder and Investment Relations Lead, is a financial innovation expert driving the project forward in the digital assets landscape
Proven Success: They have achieved significant milestones in their journey so far, demonstrating substantial growth and impact within the invoice financing realm. They have successfully tokenized over $200 million worth of assets and financed more than $4 million in value. Further, they have also generated revenue exceeding $100K in the last 8 months alone. They have partnered with over 10+ leading supply chains, marketplaces, and platforms to drive the bulk adoption of tokenized assets and 5+ financing institutions with locked lending allocation of over $5 million to take care of liquidity requirements.
About TDeFi
TDeFi is a token growth studio dedicated to promoting the adoption of web3 technologies. We aim to remove barriers hindering web3 adoption by offering access to renowned mentors, token engineering, token management, community growth assistance, exchange listings, investor connections, and growth hacking partnerships. Since 2020, TDeFi has successfully guided 60+ companies through the token markets. Several of our portfolio companies have achieved market capitalizations exceeding one billion dollars. Our vision for TDeFi is to establish it as a gateway to an ecosystem that empowers web3 projects aligned with the vision of equitable distribution of wealth for the masses.
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