Back to Mobile View
Subscribe to the CrunchBase Daily for the latest on Fundings, Acquisitions, and Startup Events

General Information

Websitereceivablesxchang...
Blogblog.receivablesx...
Twitter@receivables
CategoryeCommerce
Phone(877) 449-0953
Emailinfo@receivablesx...
Employees70
Founded4/2007
Descriptionreal-time trading of accounts receivable

Offices

Headquarters
935 Gravier St., Suite 2100
New Orleans, LA, 70112
USA
New York Office
437 Madison Avenue, 28th Floor
New York, NY, 10022
USA

People

CEO, Board of Directors
CMO
CTO
Board of Directors
Advisory Board
Advisory Board
Advisory Board
Advisory Board
Show All People

Funding

Tags

The Receivables Exchange

The Receivables Exchange is the online marketplace for the sale of accounts receivable. Small and midsize businesses gain access to working capital by auctioning invoices to a global network of institutional buyers who compete to buy invoices via a real-time marketplace. By connecting businesses with a community of banks, financing companies and factors looking to purchase outstanding invoices, invoices are turned into cash in as little as 24 hours for as much as 99-98 cents on the dollar. Unlike traditional financing options, The Receivables Exchange offers a fast and virtually risk free financing source to fund and grow businesses.

Recent Milestones

  • Dollar
    The Receivables Exchange received $10M in Private Equity funding. (6/24/13)
    Posted 6/24/13 at 8:24pm via dowjones.com
  • Check
    The Receivables Exchange — New York Stock Exchange announces partnership with The Receivables Exchange, minority investment (9/13/11)
    Posted 9/18/11 at 5:27pm via wsj.com
  • Check
    The Receivables Exchange — NYSE Euronext and The Receivables Exchange Partner to Jointly Market Corporate Receivables Program (9/13/11)
    Posted 9/22/11 at 8:04am via wsj.com
  • Check
    Posted 9/22/11 at 7:58am
  • Check
    The Receivables Exchange — The Receivables Exchange Wins 2011 “Management Team of the Year” Award at the American Business (Stevie®) Awards (6/20/11)
    Posted 6/28/11 at 8:19am via receivablesxchange.com
  • Check
    The Receivables Exchange — Justin Brownhill, CEO and Co-Founder of The Receivables Exchange, named to The Silicon Alley 100 list, recognizing New York's Coolest Tech People In 2010. (10/26/10)
    Posted 10/27/10 at 12:40pm via businessinsider.com
  • Check
    The Receivables Exchange — The Receivables Exchange Introduces Corporate Receivables Trading and announces that a Top 10 Fortune 500 company has signed on as one of the first Sellers. (10/4/10)
    Posted 10/4/10 at 2:48pm via receivablesxchange.com
  • Check
    The Receivables Exchange — New Orleans-based Receivables Exchange LLC won in the e-commerce category—the first winner in this group since 2004—for its online marketplace where small and midsize businesses can auction their receivables. (9/27/10)
    Posted 2/21/11 at 11:54am via wsj.com
  • Check
    The Receivables Exchange — The Receivables Exchange named a 2010 winner of the WSJ Technology Innovation Awards. The Exchange was chosen for the way it is transforming business financing by creating an efficient and affordable capital marketplace for small and mid-size businesses. (9/27/10)
    Posted 9/27/10 at 8:26am via wsj.com
  • Check
    The Receivables Exchange — The Receivables Exchange Reports 300% YTD Growth (8/11/10)
    Posted 9/24/10 at 7:25am via receivablesxchange.com
  • Check
    The Receivables Exchange — The Receivables Exchange named in Lead411's Hottest Companies in the Southeast list (7/13/10)
    Posted 8/4/10 at 10:32am via lead411.com
  • Dollar
    The Receivables Exchange received $17M in Series C funding. (1/27/10)
    Posted 1/27/10 at 4:40am via techcrunch.com
  • Check
    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 via receivablesxchange.com
  • Dollar
    The Receivables Exchange received $7.75M in Series B funding. (2/26/09)
    Posted 2/26/09 at 11:20am via receivablesxchange.com
  • Check
    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 via receivablesxchange.com
  • Check
    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 via sdcexec.com

Videos

Above:

The Receivables Exchange demoing at FinovateFall 2010

Added: 3/13/14
Above:

The Receivables Exchange demoing at FinovateStartup 2009

Added: 3/13/14

Screenshots

The Receivables Exchange screenshot
Above: The Receivables Exchange Homepage
Uploaded: 2/1/10

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. The Receivables Exchange Receives Another $17M From Bain Capital Ventures (techcrunch.com) [edit]
  4. Receivables Exchange Closes $10M Growth Round (pevc.dowjones.com) [edit]
  5. Series XYZ funding announcement (From-Redpoint-Ventures.html) [edit]
    Business Wire (businesswire.com) [edit]
    MarketWatch news story (marketwatch.com) [edit]
    Spend Management Enabler, Online Exchange Team to Help Suppliers Battle Financing Crunch (sdcexec.com) [edit]
    InfoAccess.net Selects The Receivables Exchange to Provide Working Capital Management Solution (receivablesxchange.com) [edit]
    The Receivables Exchange Names Influential Cash Management Expert to Advisory Board (receivablesxchange.com) [edit]
    Lead411 launches "Hottest Companies in the Southeast" awards (lead411.com) [edit]
    The Receivables Exchange (receivablesxchange.com) [edit]
    Wall Street Journal (online.wsj.com) [edit]
    The Receivables Exchange (receivablesxchange.com) [edit]
    The Silicon Alley 100: New York's Coolest Tech People In 2010 (businessinsider.com) [edit]
    TRE wins E-Commerce category in the 2010 WSJ Technology Innovation Awards (online.wsj.com) [edit]
    Stevie Awards (receivablesxchange.com) [edit]
    Wall Street Journal (online.wsj.com) [edit]
    NYSE Euronext Bulks Up In Market for Receivables (online.wsj.com) [edit]
Edit This Page
Last Edited 3/13/14

Revision History RSS Picture

Sharing

Share this page on Twitter or Facebook:
Or copy this code to embed a widget: customize »

TechCrunch Posts TechCrunch Logo Small Picture

External Links

CrunchBase API

Sponsors



Become a Sponsor
Terms of Service | Privacy Policy | Licensing Policy