Case Study: PeerPay achieves rapid launch of a secure, scalable cash-flow funding platform with Oracle Database Cloud Service

PeerPay Helps Cash-Strapped Companies by Rapidly Developing Innovative Cash Flow Funding Model on Cloud Platform

PeerPay Limited, a London-based micro-company, developed FloFunder, a cloud fintech tool that lets accountants create closed communities to match vetted funders with SMEs needing short-term cash by selling invoice rights. Facing widespread SME failures from cash-flow gaps and costly invoice factoring, PeerPay needed a secure, enterprise-class database and rapid procurement to launch the platform quickly.

By using Oracle Database Cloud Service and Oracle’s Accelerated Buying Experience, PeerPay procured and deployed a secure, scalable production database within hours, significantly shortening time-to-market. FloFunder now automates syndication across many funders to spread risk, offers configurable risk and term options, and provides a lower-cost financing alternative that helps cash-strapped SMEs stay solvent and grow.

PeerPay

Alan Burns

CTO