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General Information

Websitereceivablesxchang...
Blogblog.receivablesx...
CategoryConsumer Web
Phone(800) 658-5880
Email
Employees30
Founded4/07
Descriptionreal-time trading of accounts receivable

Offices

New Orleans, USA
220 Camp Street, 5th Floor
New Orleans, LA, 70130
USA

People

Co-Founder and CEO
Co-Founder and President
Board Observer
Show All People

Funding

Total$12.8M
Series A, 10/07
Fidelity Ventures
Prism VentureWorks
$5M
Series B, 2/09
Redpoint Ventures
Prism VentureWorks
$7.75M

Tags

The Receivables Exchange

The Receivables Exchange is the world’s first online marketplace for real-time trading of accounts receivable, allowing small and mid-sized businesses to gain access to working capital at a competitive cost. Because of this some have called The Receivables Exchange an “eBay of working capital.” The Exchange’s patent-pending online marketplace brings together a global network of accredited Buyers with millions of America’s growth-oriented small and mid-sized businesses in search of capital to help them grow.

Milestones

  • The Receivables Exchange — The Receivables Exchange, the world’s first online marketplace for real-time trading of accounts receivable, today announced that Lori Hricik, former CEO and Head of JPMorgan Treasury Services has joined the company’s Advisory Board. (5/19/09)
    Posted 5/19/09 at 8:04am
  • Received $7.75M in Series B funding. (2/26/09)
    Posted 2/26/09 at 11:20am
  • The Receivables Exchange — Announced that it has been selected by InfoAccess.net to address the working capital management needs of their growing base. (1/12/09)
    Posted 1/12/09 at 6:56am
  • The Receivables Exchange — Announced partnership Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider (12/9/08)
    Posted 12/9/08 at 2:05pm
  • The Receivables Exchange — Live Trading Begins: The First Online Auction Marketplace Launches to Provide Capital Directly to America's Growing Small Businesses (11/17/08)
    Posted 11/17/08 at 8:53am
  • The Receivables Exchange — Announced that its Charter Member program has surpassed more than $2 billion in accounts receivable turnover since commencing its sales initiatives six months ago. (11/4/08)
    Posted 11/4/08 at 6:00am
  • The Receivables Exchange — The Receivables Exchange announced that it has closed $7.75 million in Series B financing led by Redpoint Ventures with re-investment from Prism Ventureworks. (5/26/08)
    Posted 9/9/08 at 3:50pm
  • Received $5M in Series A funding. (10/1/07)
    Posted 6/9/08 at 6:50pm
  • Justin Brownhill, Co-Founder and CEO added.
    Posted 6/7/08 at 7:28pm
  • Nicolas Perkin, Co-Founder and President added.
    Posted 6/7/08 at 7:28pm
  • Larry Cheng, Board Observer added.
    Posted 6/7/08 at 7:28pm
  • Jim Counihan, Director added.
    Posted 6/7/08 at 7:28pm
  • Jeff Brody, Director added.
    Posted 4/23/09 at 7:45am
  • Richard Korhammer, Executive Chairman added.
    Posted 4/23/09 at 7:46am
  • Lori Hricik, Advisory Board added.
    Posted 5/20/09 at 2:23pm
  • Dan Springer, Advisory Borad added.
    Posted 9/22/09 at 7:42am

Videos

Above:

Nicolas Perkin

Added: 11/5/08
Above:

News Clip

Added: 2/10/09

Screenshots

Traffic Analytics

Compete

Receivablesxchange

Sources

  1. The Receivables Exchange’s Membership Exceeds $500 Million in Accounts Receivable Turnover (businesswire.com) [edit]
  2. The Receivables Exchange Closes $ 7.75 Million From Redpoint Ventures in Series B Financing (receivablesxchange.com) [edit]
  3. Series XYZ funding announcement (receivablesxchange.com) [edit]
  4. Business Wire (businesswire.com) [edit]
  5. MarketWatch news story (marketwatch.com) [edit]
  6. Spend Management Enabler, Online Exchange Team to Help Suppliers Battle Financing Crunch (sdcexec.com) [edit]
  7. InfoAccess.net Selects The Receivables Exchange to Provide Working Capital Management Solution (receivablesxchange.com) [edit]
  8. The Receivables Exchange Names Influential Cash Management Expert to Advisory Board (receivablesxchange.com) [edit]

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