About Borroe Finance
Borroe Finance is reshaping the way Web3 businesses access funding by creating a marketplace for upfront cash against future recurring revenues—such as subscriptions, royalties, and management fees. By addressing the unique challenges of Web3 creators and businesses, Borroe is building a more equitable and efficient financial ecosystem tailored to the needs of the Web3 community.
A Revolutionary Marketplace for Web3 Financing
Borroe’s platform is designed to help Web3 creators—like NFT artists, writers, musicians, digital creators, and platform providers—overcome cash flow challenges. Traditional financial institutions often fail to support these businesses, leaving them underserved. Borroe bridges this gap with a cutting-edge solution powered by blockchain technology.
Built on the Ethereum sidechain Polygon, Borroe’s marketplace combines the speed, scalability, and low transaction fees of Polygon with the security and interoperability of the Ethereum Mainnet. This enables Borroe to deliver a seamless and cost-effective funding experience.
Empowering Web3 Businesses with Innovative Technology
Borroe leverages the latest advancements in:
- Blockchain Technology: Ensures secure, transparent, and tamper-proof transactions.
- Smart Contracts: Automates agreements for efficiency and reliability.
- AI-Powered Risk Assessment: Enhances decision-making to ensure fair and accurate evaluations.
With this approach, Borroe provides faster, cheaper, and more accessible funding compared to traditional financing platforms.
How It Works
Borroe’s marketplace allows businesses to sell their future recurring revenue streams—such as invoices and subscriptions—as minted receivables represented by NFTs.
- These NFTs are offered to a global community of participants in exchange for a small portion of the expected profit.
- Every transaction is recorded on the blockchain, ensuring transparency, security, and accountability.
- This approach unlocks quick and easy funding without relying on conventional financial institutions.
The Opportunity Ahead
The traditional invoice financing market, including factoring and discounting, is valued at $3 trillion globally, with a projected CAGR of 13.3% from 2021 to 2028. Meanwhile, the rapidly evolving Web3 market—including blockchain-based technologies and cryptocurrencies—has a market capitalization exceeding $2 trillion and is expected to grow at a CAGR of 11.7% from 2020 to 2026.
Borroe Finance is positioned at the intersection of these two dynamic sectors, creating a groundbreaking platform that empowers Web3 businesses to unlock their potential and fuel their growth.
Join us in building the future of Web3 financing!