Over half a million SMEs in Asia do not have a scalable revenue collections process, and this costs them over $60Bn annually.
Peakflo is a holistic revenue collection SaaS that is fully localized for SEA, with embedded payments and credit facility. This makes them 10x better than alternatives, at just a fraction of the cost of buying and setting up complex enterprise resource planning (ERP) systems.
In less than 10 weeks, they have launched a product with full accounts receivables functionality and closed 4 paid customer pilots. Peakflo is on track to process accounts receivables of over $50M and hit $100k in ARR by Q3 this year.
This team has secured term sheets from lead investors and is looking to close their round with follow-on funding.