What it sells
Construction payments fintech.
Business model breakdown
Buyer: who owns the budget?
Project funders: investors, lenders, developers and public-sector construction clients (stated for DiPPA); lenders for Recovery.
Trigger: what makes them buy now?
Late and non-payment, disputes and insolvency risk in construction; lenders rescuing distressed development loans; PPP contracts nearing expiry.
Workflow: what inputs become what output?
Funds held in a ring-fenced project account, digital approvals and verification, simultaneous payment to supply chain with audit trail.
Economics: what it saves and how it charges
UnverifiedProject owners pay 0.25% fee on payment value; supply chain pays nothing (per UK Tech News report).
Distribution: how it reaches customers
Solution-led sales by product line (DiPPA, Recovery, PPP Expiry, PBA+, Retention Trust Account) plus Saible Consult.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-07-15 | — | £2.9M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.