The New Money Company

The New Money Company is a financial technology platform for trade credit, invoicing, order management, and cross-border payments. It underwrites buyers and backs purchases with a trade credit line, so sellers can extend terms without taking on the buyer's credit exposure. The platform also handles order management, invoicing, and document collection from order placement through payment in full, and supports cross-border payments and withdrawals. The company states that it is not a bank.

Core capabilities include buyer underwriting, trade credit lines, integrated financing for buyer purchases, and an API for embedding credit levels into other platforms. An app is available for managing deals and trades. The platform offers order management, invoicing, and credit workflows as an accounts receivable backend, along with global payment rails for delivering funds to vendors and guests across markets. The company describes use cases including grocery distribution, durables manufacturing, and airlines and hospitality.

Pricing is presented through account tiers named Metal, MoneyGun, and Emerald. The Emerald account has no minimum deposit and no monthly service charge, and cross-border withdrawals to a foreign account in local currency are free. Withdrawals to a USD bank account are free with one-to-three-day fund availability, while withdrawals to a USD debit card carry a percentage-based fee. Cross-border withdrawals in global currencies carry a minimum amount and may include a per-usage fee. Funds processed through a Metal account may be subject to an acquiring fee, with details set out in the platform agreement.