Draft:Storfund

Storfund is a financial technology company that supports e-commerce businesses by accelerating seller payout times with its digital solutions. . The company was founded in 2018 by George Brintalos and Akbar Ahsan, who wanted to address the cash flow challenges faced by many online sellers. Storfund's platform allows sellers to get paid immediately for their sales.

Storfund is available on 18 Amazon marketplaces, including Amazon US, Amazon UK, and Amazon Germany. The company also supports other marketplaces, such as Back Market, Cdiscount, Rakuten and Mano Mano.

To date, Storfund has not taken venture capital and funding has been raised from investors such as Union Bancaire Privee. The company is headquartered in London, England. Storfund works with payment service providers such as OFX.

Competitors
Storfund's competitors include SellersFi and Payability. These companies also provide financial services to online sellers, such as financing and credit.

Pricing
Storfund base their fee on a marketplace sellers net daily sales. It is best suited to businesses a monthly turnover of at least £25,000, €30,000 or $35,000.

Recognition

In January 2022 Storfund appeared on Beauhurst's Top 50 Fintech Companies in the UK and was listed on Sifted's "European fintech's to watch" in 2022.

In May 2024 Storfund was named as one of The Sunday Times' Best Places to Work in 2024, and Sifted included Storfund on their list of “soonicorns” (companies likely to become unicorns in the near future).

Storfund is operated by Stor Services Ltd and is registered and supervised for anti-money laundering purposes by the Financial Conduct Authority.