The industry has grown up and has long outgrown its infancy. There are so many companies that shape the industry but not all of them are equally well known. Who are the companies that are the glue between finance and digital technologies? In our series “The Companies of the FinTech Industry” we give companies or start-ups from the payment and banking industry the opportunity to introduce themselves.
Myos Ltd
We are Myos – a well financed and strongly growing FinTech, founded in Berlin in 2018 by a team of experienced entrepreneurs. With our unique and disruptive risk model, we are breaking completely new ground: We use the transparency and availability of data on e-commerce platforms to take the future sales potential of retail products as a basis for financing decisions. In this way, we enable retailers worldwide to grow fully digitally and flexibly.
Our offer for you:
– Purchase financing – We finance your purchase
– Warehouse financing – We finance your goods that you have in stock
– Cross financing (alternative to factoring) – We finance your top sellers, you use the fresh money for the launch of new products or for
Facts and figures about Myos
- distribution channel: B2C
- Target group: Corporate customers
- Country of destination: Roof
- Status of financing: Seed
- Further financing planned?: Yes
“Myos uses the transparency of data on e-commerce platforms to take the sales potential of commercial products as a basis for financing decisions.
The Myos business model
We are growth partners for dealers. With us you can order more goods, launch new products or invest in marketing – in short, increase your sales and profits. All this without risk or guarantees, because we only take your goods as security. The repayment is flexible within 9 months – if you notice after one week that you don’t need the money anymore, you simply pay it back and the project is finished. Of course without extra costs.