British startup DifferentAutomatically focusing on trade credit for B2B wholesalers, a € 3.2 million seeds have increased round – it doubles about 1.7 million goals – bring modern financial infrastructure to manual processes dependent on manual processes.
Round was headed by Firstminut CapitalWith participation from PT1, Illuzian, FJ Labs, Seed X, Tini VCAnd a group of strategic angels, including its founders Slack And ConfirmedThe
“B2B Packers are the original economy’s financial engine – but most are still operating credit with spreadsheets, phone calls and handwriting notes“Said Chris SmithCo-founder of Antique. “We are giving them modern, automatic work that saves hours every day and unlocks serious operational skills.“
Established by two brothers with previous departure and commerce roots, Antique ignores most technology companies for a problem that brings insight to an operator. Long -term vision Automate the entire back office for B2B PackersStarting with trade credit credit, and extending these businesses back to critical but time -consuming processes.
Is building the oncal “Strip for the original economy“– Credit and collections for the wholesalers who extend the terms of paying to their customers. The company is starting with $ 118 Billion UK building materialsWhere the margins are hard and back-office parties thin.
In the AI era, trade merchants are still conducting a lot of their activities on pens and paper – a symptom, Antique says, an industry for a long time for digital transformation.
Antique platform order-to-nagdan life cycle automatically-issued terms of payment and resolving disputes from chase to invoices and sync back to the data original system.
Businesses using Antique Report:
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60%+ time spents on chasing reduced payment
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30%+ Fast Cash Collection
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25%+ Card fee drop
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Low disputes and rapid resolution
Large ERPs like Marlin are directly integrated with systems, unlisted and intact, enables quick rollouts in Multi-Brand operations-supporting the scale across thousands of merchant positions without disrupting the flow of extensive work.
This automation is especially valuable in industries such as construction supplies, where high transactions meet low operating margin and where parties are under pressure to do more with less.
“What did Strip do to pay on Antik Online are doing for trade credit“Said The endacot itself From Firstminut Capital. “They are giving real-world businesses to modern technology companies’ speed and efficiently operating tools — and the effect is already clearThe “
Within 12 months, Live has gone live across the onc 30 branches With the merchants G Brooks, A Lamb, Fort And Calier and CatchpolThe More than € 1.1 The amount of transaction is billion In the pipeline and 30% month-over month growthAntique continues to scale faster across its sector.
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