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Blixo

S21Pivot 1 of 2
2 people|Active|Website
FintechSaaSPayments
51°Significant Pivot
Before

We help companies get paid faster via order to cash automation

After

Short-term, fast origination, supply chain financing for SEA

Full description — before

Blixo is a software service that helps businesses grow sales, manage subscriptions, improve retention, and automate accounting. Blixo improves conversion rates, increases average order size, drives subscriber loyalty, collects unpaid bills, speeds up cashflow, and is the single source of truth for reconciled real time revenue data.

Full description — after

Blixo offers fast, scalable, and more accessible short-term (3 months) supply chain financing in Southeast Asia (SEA). Blixo specializes in providing smaller loans (<$50k) with an AI-driven underwriting process (approval in <1 week). These loans have higher repayment rates and lower per customer risk. Blixo uses AI credit scoring based on real-time data such as cash flow and inventory, further reducing risk and streamlining repayment. Unlike traditional banks and recent FinTech entrants, Blixo can profitably finance the 74% of suppliers and retailers in SEA that otherwise would be overlooked by traditional lenders because they either lack a traditional credit score or need a loan under $100k.

Category shift
AI Accounting & TaxDigital Lending & Banking
Summary

Blixo shifted from a SaaS automation tool for revenue management and accounting to a supply chain financing lender in Southeast Asia, fundamentally changing its product, market, and business model.

Detected 1 year ago · 2024-10-24
Company journey — 2 pivots

Short-term, fast origination, supply chain financing for SEA(viewing)

51.1°Significant Pivot2024-10-24
Started as

We help companies get paid faster via order to cash automation