We connect SMEs and Buyers through our online platform - any local company who wishes to secure cash can use their invoice receivables (30 - 120 day terms) as collateral and sell it to buyers at a discount. Those who buy the invoices earning 2% - 3% monthly.
Register and accomplish basic ‘KYC/AML’ requirements
Upload invoice receivable/s and wait for verification and approval
Invoices will be awarded to the Funder with the highest bid amount
Discounted funds are transferred to the Invoice Seller within 1 - 3 days
• Are your clients paying late?
• Do you wait 15 days, 30 days, 60 days, 90 days or longer before your clients pay you?
KyoPay helps local SMEs get immediate cash by selling their invoices at discounted prices.
• Interested in earning 15% - 30% every year?
• Interested in profiting from safe, short term investment alternatives?
• Need to diversify your portfolio?
• Are you a Myanmar Local or a Foreigner living in Myanmar?
Interested people can buy invoices from legitimate local businesses in Myanmar and earn from invoice discounts.
• Do you know local SMEs who can benefit from selling their invoice receivables?
• Do you know people who can benefit from buying invoice receivables?
Introduce your connections to KyoPay and receive rewards for every successful transaction KyoPay has with the SME or Buyer you referred!
Source of funds come from 3rd party buyers, usually High Net Worth Individuals and MFIs. Compared to Banks processing takes only 1 - 3 business days.
Amount to be discounted is equivalent to the full value of the invoice less applicable taxes
Basis of Credit
The Seller of the invoice is not the main basis for credit rating checks. Credit is based on the financial standing of the invoice seller's clients whom they provided the product or service to.
|Bought by Banks||Bought by 3rd Party Investors|
|100% is discounted||70% - 80% is discounted|
|Hard Collateral||No Collateral|
|3 - 6 wks processing||3 days processing|