CondorPay
A system that converts SME invoices into immediate liquidity, allowing them to collect today what the market pays them in 90 days through tokenization.
📍 Team Location: Peru
About the Product
A tokenized factoring platform built on Stellar + Soroban:
- The SME uploads a validated invoice
- The invoice is tokenized and fractionalized
- Investors purchase tokens using USDC
- The SME receives instant liquidity
- When the payer settles the invoice, Soroban automatically distributes funds to investors.
🔐 Ensuring transparency, automation, and reduced reliance on traditional intermediaries.
Problem & Solutions
Problem
SMEs sell to large corporations but get paid in 60–90 days. This cash-flow gap:
- Blocks growth
- Forces them into expensive factoring
- Exposes them to high interest rates and slow processes
📍The issue is not profitability, it’s liquidity and fair access to capital.
Solution
A tokenized factoring platform built on Stellar + Soroban:
- The SME uploads a validated invoice
- The invoice is tokenized and fractionalized
- Investors purchase tokens using USDC
- The SME receives instant liquidity
- When the payer settles the invoice, Soroban automatically distributes funds to investors.
🔐 Ensuring transparency, automation, and reduced reliance on traditional intermediaries.
Customer Segments
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SMEs supplying large corporations: Primary users that issue electronic invoices, operate with delayed payments, and need immediate liquidity to sustain operations and grow.
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Retail and semi-professional investors: Individuals seeking better yields than traditional savings products, willing to invest small amounts, and interested in real-world assets backed by invoices.
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Fintechs and financial institutions: Platforms and financial players that can integrate the solution as a B2B2C model, including factoring firms, exchanges, and on/off-ramp providers.