Wocap

What Wocap does

Wocap is a Greek fintech startup founded in 2025 and registered as Wocap S.A. in Kifisia, Greece, that operates a cloud-based digital marketplace for dynamic discounting of trade payables between corporate Buyers and Suppliers. The platform enables enterprise buyers to deploy surplus liquidity in exchange for discounts on approved invoices, while suppliers — particularly SMEs — submit competitive discount bids through automated auctions to accelerate payment without taking on bank debt or undergoing credit checks. The technical stack centers on a web platform with direct ERP integration for buyers, a self-serve supplier signup flow, industry-specific workflow configurations for retail, manufacturing, and logistics, and an ISO/IEC 27001:2022 certified information security management system. The platform is architected so that payments execute directly between buyers and suppliers outside Wocap's rails, positioning the company as a non-custodial matching layer.

Wocap monetizes via a transaction-based take rate, charging neither subscriptions nor platform fees to suppliers and only earning when a buyer-supplier transaction clears the auction. The company operates an enterprise sales-led go-to-market targeting CFOs and finance teams through demo requests, supported by a dedicated Customer Experience team, while enabling supplier self-service signup as a complementary acquisition channel. Customer concentration is high with five named enterprise logos — Coral (Energy), Core Innovations/Motor Oil Group (Retail), Delia (Shipping), Loulis (F&B), and Travelway (Travel) — all currently appearing to be pilot-stage relationships. The company is led by founder/CEO Petros Patronis (former Citibank shipping banking lead with $10B+ in structured debt experience) and co-founder/CTO Stavros Triantafyllos, with Genesis Ventures as lead pre-seed investor (€450,000 raised in April 2025) and an advisory board drawn from maritime, supply chain, and F&B sectors.

Name

Wocap

Legal name

Wocap S.A.

Website

https://wocap.io

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Wocap is a Greek fintech marketplace that enables corporate buyers to deploy idle liquidity for early invoice payments and lets suppliers — especially SMEs — bid competitively for accelerated payment through a cloud-based dynamic discounting platform with ERP integration.

Ownership category

akta.pro rank

Product category

Supply Chain Finance / Working Capital Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro industry

PRIMARYFSAGAIAC

B2B / Invoice-Based BNPL (Trade Credit at Checkout)

Financial & Insurance/Financial Technology (Fintech)/BNPL & Point-of-Sale Financing Platforms

Keywords

• Working capital optimization
• Dynamic discounting platform
• Supply chain finance
• Invoice prepayment auctions
• Trade payables marketplace

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transaction-based take rate: Wocap does not charge suppliers to join or use the platform. Revenue is generated through transaction facilitation — Wocap enables dynamic discounting auctions between Buyers and Suppliers, taking a commission or fee on completed transactions. The platform operates without holding, receiving, or transmitting funds; payments are executed directly between Buyers and Suppliers outside the platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Wocap operates a cloud-based two-sided digital marketplace that facilitates dynamic discounting of trade payables between corporate Buyers and their Suppliers. Approved invoices are automatically synced from the Buyer's ERP, and Suppliers submit competitive discount bids through real-time auctions; winning bids trigger early payment by the Buyer at the agreed discount. The platform replaces traditional factoring and bank lending with a transparent, bank-free, debt-free auction mechanism accessible via ERP integrations or self-service signup.

Product overview

Wocap is a single unified cloud-based platform for dynamic discounting of trade payables. The core Wocap Platform enables corporate Buyers to offer early payment on approved invoices in exchange for discounts, while Suppliers can bid on eligible invoices to access working capital faster. The platform operates through a transparent, automated auction mechanism that connects Buyers' idle liquidity with Suppliers' funding needs — without banks, debt, or traditional factoring structures. There are no separate named modules or sub-products; the offering consists of one integrated platform accessible to both Buyer and Supplier user segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Wocap Platform Cloud-based two-sided digital marketplace that enables corporate Buyers to offer early payment on approved supplier invoices in exchange for discounts via dynamic, auction-based pricing. Suppliers receive accelerated payment without loans, debt, or paperwork; Buyers earn returns above traditional short-term instruments while strengthening supplier relationships. Supports ERP integration and industry-specific workflows (retail, manufacturing, logistics) and includes a dedicated Customer Experience team for onboarding.

Quantifiable outcome

• Returns consistently above traditional short-term instruments for Buyers deploying idle liquidity
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered minor.

• ProcureshipminorOthersAdvisory relationship through Grigoris Lamprou, CEO of Procureship — a SaaS platform established in 2016 with over 50 employees in Athens, Singapore, and Denmark. Procureship focuses on procurement solutions in the shipping and maritime industry.
• TMV (Thematic Ventures)minorOthersAdvisory relationship through Marina Hadjipateras, General Partner and founder of TMV — a venture capital firm focused on innovating legacy industries like supply chain, logistics, maritime, and care.
• Caltsoyias S.A.minorOthersAdvisory relationship through Konstantinos Alexiou, CEO of Caltsoyias S.A. — a longstanding food and specialty ingredients agency established in 1957, focused on delivering high-quality products to food retailers and wholesalers through trusted international partnerships.
• Watson Farley & Williams (WFW)minorOthersWFW advised Wocap on its pre-seed funding round. International law firm specializing in maritime, energy, and transport sectors, providing legal advisory services.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• C2FO: C2FO is the global leader in dynamic discounting and working capital solutions, operating a marketplace where suppliers offer discounts for early payment from corporate buyers. It is the most direct competitor to Wocap, with a virtually identical auction-based model and target buyer/supplier segments.
• Taulia: Taulia (acquired by SAP) provides working capital solutions including dynamic discounting and supply chain finance embedded within SAP's ERP ecosystem. It directly competes with Wocap's buyer-side ERP-integrated discounting value proposition, particularly for SAP-using enterprises.
• PrimeRevenue: PrimeRevenue operates one of the largest supply chain finance platforms globally, enabling buyers to extend payment terms while offering suppliers early payment. Comparable to Wocap in serving large enterprise buyers and their multi-tier supplier networks across multiple geographies.
• Demica: Demica is a supply chain finance platform offering invoice discounting, dynamic discounting, and reverse factoring for corporates and their suppliers. Similar B2B invoice-based working capital proposition to Wocap, with comparable buyer-supplier marketplace mechanics.

Broad incumbents

• Kyriba: Kyriba is a global treasury and working capital management platform offering cash forecasting, payments, and integrated financial supply chain solutions. It serves enterprise CFOs with broader treasury tooling where dynamic discounting is one module — adjacent and potentially competing on the buyer treasury side.
• Tradeshift: Tradeshift operates a supply chain marketplace with embedded financing and invoice discounting capabilities. It targets the same buyer-supplier ecosystem as Wocap but bundles financing within a broader B2B commerce platform rather than specializing in working capital.

Emerging players

• Billie: Billie is a B2B BNPL platform offering invoice financing and 'Buy Now, Pay Later' for business purchases in Europe. Comparable to Wocap in the B2B invoice-based financing category but focused on the buyer-financing side rather than supplier-driven discounting auctions.
• Modifi: Modifi is a digital trade finance platform offering invoice financing, supply chain finance, and working capital solutions for SMEs and mid-market companies. Similar SME-focused supplier financing mission to Wocap, though operating globally rather than anchored in Europe.
• Stenn: Stenn provides online invoice financing and trade finance for SMEs engaged in international trade. It targets a similar supplier audience as Wocap with digital-first working capital offerings, though it focuses on cross-border trade rather than domestic buyer-supplier ecosystems.
• Tipalti: Tipalti is an accounts payable automation platform with embedded supplier payment and financing features. Adjacent to Wocap in serving AP/AR workflows for enterprise buyers, with growing supply chain finance functionality that overlaps with dynamic discounting.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wocap