InvoiceQ

InvoiceQ is a Jordanian fintech startup established in 2020, specializing in cloud-based e-invoicing, e-payment, and e-procurement solutions. The company aims to streamline the invoicing and payment collection processes for businesses, making them more efficient and cost-effective. InvoiceQ primarily serves small to medium-sized enterprises (SMEs) that face challenges in managing their invoicing and payment collections. The platform is designed to help these businesses reduce costs associated with paper invoicing, disconnected workflows, and storage, promoting a paperless culture.

Operating in the fintech market, InvoiceQ offers a dynamic platform that provides real-time reports and workflows, enabling businesses to make informed decisions quickly. The platform is fully compliant with Jordanian regulations, specifically the Council of Ministers Regulations No. 34 of 2019, ensuring that all invoicing matters are organized and controlled according to local laws. Additionally, InvoiceQ integrates with AnaMeen, a verified digital identity system, to enhance security and streamline user authentication.

InvoiceQ's business model revolves around providing a subscription-based service where clients pay for access to the platform's various features. These features include defining payment authorization matrices, monitoring user activity, and offering multiple payment channels to facilitate easy and low-cost online payments. By offering these services, InvoiceQ generates revenue through subscription fees and potentially transaction fees for payment processing.

The company completed the AHLI FINTECH Seed Accelerator program in 2020, which helped it refine its product and expand its market reach. InvoiceQ's platform is particularly valuable during the COVID-19 pandemic, as it supports remote work and reduces the need for physical interactions in financial transactions.

Keywords: e-invoicing, e-payment, e-procurement, fintech, SMEs, cloud-based, cost-effective, compliance, digital identity, subscription-based.