Populous is a peer-to-peer (P2P) platform that uses blockchain to provide small and medium-sized enterprises (SMEs) a more efficient way to participate in invoice financing.

Having a consistent cash flow is a serious problem with many SMEs. Late invoice payments cost small businesses in the United Kingdom over $2 billion each year in fees and missed opportunities.

Using invoice financing, businesses can sell their outstanding invoices at a discount to quickly free up some cash. The person buying the invoice effectively takes it over and receives the money when the client pays.