Opendata, web and dolomites


The fastest, easiest and cheapest way to achieve 90 days of credit based on your invoice

Total Cost €


EC-Contrib. €






Project "CreditStretcher" data sheet

The following table provides information about the project.


Organization address
postcode: 1411
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Denmark [DK]
 Project website
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2019-08-31


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    IOU.EXCHANGE APS DK (COPENHAGEN K) coordinator 50˙000.00


 Project objective

Small and medium enterprises (SMEs) are the economic backbone of virtually every economy and the main contributor to employment and growth creation in the world. In Europe, they represented over 99,8% of the non-financial business sector, accounting for 67% of total employment and generating 57% of value added. Despite their importance, it is estimated that more than half of SMEs don’t have access to credit. As a result, businesses around the world face the problem of financing the credit gap existing between companies doing business together and struggle to achieve the necessary financing for growing their companies. In IOU.Exchange, we aim to create innovative financial solutions that help other companies achieve the financing they need and realize their full potential, and hereby create more value in the world. CreditStretcher is our unique fully automatic financing solution, that allows instant invoice payment and up to 90 days of credit stretching based on invoices. Our credit rating is based on the invoice receiver (usually larger and more creditworthy), favoring SMEs (smaller, less creditworthy). By adding insurance to cover risk and automation to lower transaction costs, SMEs can now get credit with a simple online process. Our solution disrupts the invoice financing market providing the easiest, cheapest and fastest solution for SMEs financing. Moreover, it has the potential to create massive value in Europe, boosting production, value and job creation by helping SMEs grow. In five years from project completion, we expect to enable more than 127.000 credit stretches, that for us will represent a cumulative profit of €62,4M, achieving a highly lucrative ROI of €30 per euro invested in this project, and allowing us to grow by hiring 25 new employees.

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The information about "CREDITSTRETCHER" are provided by the European Opendata Portal: CORDIS opendata.

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