#FinancialInclusion / Monet Money to target UK’s creatives with cash flow app

The start-up promises to process invoices submitted via the app by freelancers and small businesses within 24 hours… [Monet Money:] “We’ll do the hard work in waiting for brands to pay” … a free invoice creation tool is also integrated in the app.

Despite promising a 24-hour turnaround, businesses still only have to pay invoices in the industry-standard 30-60-day time frames.

Other features include bad debt protection, contract signing, unlimited instant payments, and open banking aggregation to link bank accounts.