Hiveterminal
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Hiveterminal
Domen Ursic, CEO2020 was a special year for Hiveterminal. As the team worked remotely for nearly half of it, we saw the business landscape morph quickly into the great unknown. Some businesses have struggled to stay afloat, while others managed to build resilience within their organizations and come out stronger. In 2021, our mission is clear: set the path for Hiveterminal to become an important player / automated early payment provider in the DACH region. Ours is an ambitious goal, but one we believe we are capable of achieving. Read more in our latest blog post: medium.com/hiveterminal/hiveterminal-looking-ahead-to-a-fresh-start-this-new-year-e28daff3bdfa
Hiveterminal
Domen Ursic, CEOThe COVID-19 pandemic has hit the EU economy hard, but its true impact is yet to be seen. Millions of small European businesses have been forced to shut down due to restrictions on non-essential businesses or abysmal foot traffic amid the coronavirus pandemic. Those lucky enough to still be on their feet have seen a massive increase in non-payments and late payments. However, we have decided not to give in but rather to create a whole new strategic approach, which encompasses a new platform release and a new set of functionalities. Read more in my latest blog: medium.com/hiveterminal/hiveterminal-new-strategic-approach-as-answer-to-covid-19-pandemic-bd9317f4ba2b
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Domen Ursic, CEOWith the new VC & changes in the company ownership and organization, we have now joined forces with a new development team. We could not be happier to be working with one of the best and most experienced teams of developers out there! Read the announcement here: medium.com/hiveterminal/hiveterminal-new-development-team-to-meet-challenges-ahead-bd900afb09b0
Hiveterminal
Domen Ursic, CEOWe strongly believe that we are perfectly positioned to scale-up in the nearest future. The next 30 days will be crucial in terms of development as we want to have the first non-Slovenian companies selling their invoices on Hiveterminal in June 2020. It is time to scale up! More in our latest blog: medium.com/hiveterminal/a-word-from-the-ceo-time-to-scale-up-9dd6918f07b3
Hiveterminal
Eva Yildirim, Chief Marketing OfficerHiveterminal has been successful in communicating the advantages of our platform to invoice buyers during COVID-19 epidemic. As a result, we have recorded 712 new company registrations since March 1st on our test market of Slovenia. Working together with The Chamber of Commerce and Small Business of Slovenia, we created a webinar titled “How to Get Liquidity Amid the Corona Crisis.” It was attended by more than 80 company representatives, all registered on the Hiveterminal platform, and in the process of verification. The event was well received and many really important issues were highlighted by the business owners and answered by the team. Read more in our latest blog post: medium.com/hiveterminal/hiveterminal-adoption-reaches-record-high-33ac5146026d
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Ugur Yildirim, PartnerI am happy to announce that Hiveterminal's patent-pending technology, growth-perspective and team have convinced one of the Swiss venture investors to enter Hiveterminal as an investor and partner - providing his company's know-how, ecosystem and funds to ensure Hiveterminal's international market expansion! Read more in our announcement blog post: medium.com/hiveterminal/hiveterminal-locks-in-swiss-venture-investment-for-international-market-expansion-477d51d22ed1
Hiveterminal
Domen Ursic, CEOHiveterminal was built for times of uncertainty. The month of March has been a prime example of this. As our lives were turned upside down, the platform was transformed into a place for many to turn for their immediate liquidity needs. We have seen an increase in company verifications, with a total of 46 coming in through the month of March — more than the months of January and February combined with 2567 companies in the verification pipeline. 41 invoices were sold on the platform during this time, providing invoice sellers with a combined total of EUR 116041.93 in liquidity. Read more in our latest blog post: medium.com/hiveterminal/hiveterminal-platform-helpful-in-liquidity-crunch-303d129898c1
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Gal Jakic, Platform Delivery LeadIn 2017, Hiveterminal set its sights on an ambitious project: to bring invoice financing to small and medium-sized businesses (SMEs) via a digital, blockchain-based platform. After a successful crowdfunding campaign, the platform was launched in November 2018. To date, the platform has enabled SMEs to acquire some EUR 700,000 in liquidity on our test market, Slovenia. Hiveterminal’s success in providing fast and cheap liquidity to SMEs in need cannot be attributed solely to the technology choices we have made. Instead, our technology choices and business model combined have enabled us to gain traction among both invoice buyers and sellers. However, many still wonder why we chose to utilize blockchain technology to power our platform? So, we decided to write a blog post about it. Read more in our latest blog post: medium.com/hiveterminal/hiveterminal-why-use-blockchain-technology-2d16b0f221c7
Hiveterminal
Gal Jakic, Platform Delivery LeadAs countries — including our native Slovenia — declare national emergencies and take additional security measures, the coronavirus is wreaking havoc everywhere, but especially in small and medium-sized businesses (SMEs). It is becoming more obvious than ever that Hiveterminal is beneficial to our users. There is a need for a digital, SME-centric tool to access liquidity. We are now closing in on daily double-digit verification numbers. The number of invoices uploaded to the platform has increased dramatically. It is these kinds of circumstances that our platform was built for, to benefit invoice sellers as well as invoice buyers. Read more in our latest blog post: medium.com/hiveterminal/hiveterminal-benefiting-our-users-during-the-covid-19-pandemic-6723990af51d
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Gal Jakic, Platform Delivery LeadThe number of invoices sold on Hiveterminal has reached 248, despite a two-week winter holiday season in February. It seems like the day-to-day operations of companies are back on track on our first test market, Slovenia. The number of verified users has grown to 689. Last but not least, Hiveterminal Token (HVN) has returned to HitBTC and the Over-The-Counter (OTC) price change has shown the first signs of positive changes in tokenomics. Read more in our latest blog post: medium.com/hiveterminal/hiveterminal-33-invoices-sold-in-february-results-of-otc-price-change-show-21c5027cebdf