Overview

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Total Equity Funding
$534.75M in 5 Rounds from 6 Investors
Most Recent Funding
$10M Private Equity on June 24, 2013
Headquarters:
New York, New York
Description:
Receivables Exchange is an auction based marketplace connecting large corporate sellers of receivables to a broad network of buyers.
Founders:
,
Categories:
E-Commerce, Finance, FinTech
Website:
http://recx.com/
Social:

Company Details

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The Receivables Exchange (“RecX”) is an auction based marketplace connecting large corporate sellers of trade receivables to a broad network of institutional buyers. Transactions over the Exchange are standardized and structured to result in a "true sale" of the receivables, thus offering balance sheet benefits to sellers and attractive risk-adjusted returns to buyers. The auction model provides corporations with a flexible, efficient and transparent channel to monetize receivables while providing investors access to the $17 trillion accounts receivable market.

Funding Rounds (5) - $534.75M

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DateAmount / RoundValuationLead InvestorInvestors
Jun, 2013$10M / Private Equity4
Jun, 2012undisclosed amount / Venture1
Jan, 2010$17M / Series C3
Feb, 2009$7.75M / Series B2
Jun, 2008$500M / Series A2

Current Team (2)

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Board Members and Advisors (4)

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Offices/Locations (2)

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  • Headquarters

    100 Park Avenue, 30th Floor

    New York, New York 10017

    United States

  • Louisiana Office

    935 Gravier St.

    Suite 2100

    New Orleans, Louisiana 70112

    United States

Past Team (9)

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Images (1)

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