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At its essence, Populous is a peer-to-peer (P2P) platform that facilitates the buying and selling of outstanding invoices. This enables SMEs to convert their invoices into instant liquidity by selling them to interested investors. This process is especially advantageous for businesses that require immediate cash but are hindered by the protracted wait associated with traditional invoice processing.
Populous employs a unique token system, referred to as Pokens. These are pegged 1:1 to fiat currencies, ensuring stability in transactions. This innovative approach seeks to disrupt the traditional invoice financing landscape, making it more accessible, decentralised, and transparent for businesses requiring rapid funding solutions.
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