FAQs

Our team is happy to provide a demo of WALBING products and consult on the best use case for your company at any time. To book a demo, simply contact us and our Sales/Customer Success teams will be in touch to schedule a (virtual) meeting.

Company accounts are registered on the WALBING Platform by completing the platform registration form. WALBING conducts KYC/AML checks and invites master user and legal representative(s) to complete a video identification procedure before the account is activated.

In most cases, it takes less than 1 h to register and start using the WALBING Marketplace.

We'll ask you to provide the following information to sign up for the WALBING Marketplace:

Company:

• Country of incorporation
• Legal form
• Company name
• VAT number
• Registration authority
• Registration number
• Main settlement bank account (EUR)

Master user/legal representatives:

• Email
• Full name
• Position
• Phone number
• Date of birth (legal representatives)
• Language (legal representatives)

Beneficial owners:

• Full name
• Date of birth
• Place of birth
• Nationality
• Address of residence

Required documents include: an official ID (government ID or passport) and possibly a proof of address for the registering user and legal representatives involved in the registration. We may also ask you to provide a proof of address or a commercial register extract of the registering company depending on your country of residence and type of official ID.

Due to differences in registration procedures, there are two types of accounts on the WALBING platform: Investor and Seller/Debtor.

The WALBING platform is available for receivable sellers, registered debtors and investors in a growing list of countries, which differs for receivable sellers and receivable investors. If you notice that your country is not currently supported during registration, please contact WALBING. There is almost no restriction for the countries of (unregistered) receivable debtors, with the exception of sanctioned countries.

We do not categorically exclude specific currencies, as we will try to match receivable placements with investor funds in the same currency. However, it is easier to match certain currencies than others. The most used currencies on WALBING are: EUR/USD/GBP/CHF.

Yes, WALBING Marketplace GmbH is registered as a payment institute (German Payment Services Supervision Act – ZAG) for the provision of payment services in Germany with the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin). In practice, this means ongoing supervision, minimum capital requirements, and AML-compliant processes.

As a BaFin-regulated institution, we conduct comprehensive KYC procedures on every receivable seller and light KYC on their customers (debtors).

We perform thorough AML/AFC checks, using various databases to prevent, detect, and report money laundering and ensure compliance and security.

WALBING is a pure placement platform. We don't buy receivables ourselves — we place them with matching institutional investors. You upload your receivable to the platform, and we make sure it's routed to the right investors.

Unlike traditional factoring with a single, fixed buyer, WALBING gives you access to a network of institutional investors. Our matching process pairs your receivable with investors whose investment profile actually fits it — which can mean better-tailored terms or more flexibility, without locking you into a long-term relationship with one factor.

Receivable sellers/suppliers are legal entities registered in the commercial, cooperative, or association register in one of the supported countries. Seller companies are required to have a valid VAT number.

WALBING covers four segments: trade receivables, leasing/hire-purchase, music royalties, and sports transfer receivables. There is no general list of blacklisted industries. However, each investor can have industries on their blacklist, meaning that receivables for certain industries are less likely to be financed. Receivables resulting from sanctioned industries and sanctioned goods or services will be rejected by WALBING.

Typical receivable size typically ranges from €50,000 to €1,000,000, and considerably higher in the leasing segment (€1–5M). The minimum individual ticket size is €300. However, we recommend to upload receivables with larger face values, because investors generally prefer them. If you have multiple smaller receivables against the same debtor, with the same invoice date and due date resulting in a larger total volume, we will bundle them according to investor preference and place them as a package.

You decide which receivables you upload to the platform — there is no obligation to offer a minimum volume or a minimum commitment of X% of your receivables volume.

With Market Sounding, you list your receivable on a non-binding basis first, to gauge investor interest and indicative terms before committing. With direct Placement, your receivable is immediately made available for purchase on the marketplace, and matched investors can buy it right away.

On average within 24 hours (time to funding) after a successful match.

If no match occurs, you'll receive a notification with next-step options.

API integration for receivable upload and sale is available.

Receivables are sold at a discount to investors. This discount includes investor yields and a service fee and is determined by the terms agreed with the matched investor.

The purchase price is based on the matched investor's investment profile (including their assessment of debtor risk, tenor, and prevailing market terms).

Higher debtor creditworthiness generally leads to smaller discounts and more favorable terms, since investors view the default risk as lower.

It depends on the model chosen: under a disclosed assignment, the debtor is notified and receives new payment instructions with the WALBING escrow account. Under an undisclosed (silent) assignment, the debtor isn't informed, and on due date you forward the incoming payment by the debtor to WALBING yourself.

You can choose the preferred assignment type. Please note, that depending on the matched investor or the debtor type, your preferred type may be unavailable.

WALBING facilitates transactions on a non-recourse basis — default risk sits with the investor.

Your data is processed in accordance with GDPR and stored encrypted and hosted on servers in Germany. See our privacy policy for details.

Since WALBING operates as a pure placement platform and insolvency remote escrow accounts, there is no risk added to transactions by using WALBING.

You invest in individual receivables via direct purchase. Each transaction corresponds to a single, documented receivable (in line with BaFin requirements) or a bundle of smaller receivables with the same invoice date, same due date and same seller and debtor.

You set up an investment profile (IRR expectation, segment, ticket size, tenor, risk class, etc.) with WALBING. Matching receivables are automatically surfaced and made available for purchase. There is no bidding process.

During Market Sounding, you can express non-binding interest in specific types of receivables before they're formally offered for purchase — useful for getting early visibility into upcoming supply. During direct Placement, the receivable is already concretely available for purchase and you can buy it immediately.

Durations depend on the segment. Average duration of single trade receivables on the WALBING platform is around 45 days and range between around 14 days to 180 days. You can choose whether you want to invest in longer or in shorter durations. Leasing rate receivables can have significantly longer durations ranging from 30 days to multiple years.

Under disclosed assignment, the debtor WALBING directly. Under undisclosed assignment, there's residual risk that the debtor could make a discharging payment to the insolvent seller instead.

Credit assessment is performed via external rating agencies or internal scoring models and other criteria.

You define criteria such as segment, ticket size, tenor, debtor rating, countries, and industries for each of your portfolios. Matching receivables are automatically surfaced for immediate purchase or as Market Sounding in the Upcoming Opportunities section of the platform.

Yes — a match is non-binding until you confirm the purchase.

You can customize your reporting on the WALBING platform and download it as Excel or CSV file. In addition to this you have our dashboard with a live view of the post important KPIs.

You can choose between direct investment in individual receivables and investment via a special-purpose vehicle (SPV)]. Your counterparty is WALBING Marketplace GmbH or a separate SPV.

WALBING has been active since 2017.

No, debtors are not required to register an account for invoices against them to be financed through the WALBING Marketplace. However, we recommend debtors complete their registration to be able to provide IPUs as it is a benchmark practice in trade finance.

When a receivable is sold in a disclosed assignment on WALBING, you as the debtor are notified by WALBING once a supplier/seller offers the first receivable against them on sale.

The goal is to verify the debtor-seller relationship, whereas the debtor is required to check and confirm the receivable data provided by the seller.

Once completed, the receivable in question as well as other receivables involving the verified parties can be sold.

Registration as a debtor will be required only if the sale requires an IPU (see below).

Debtors can provide an Irrevocable Payment Undertaking (IPU) to acknowledge outstanding payments. Only registered debtors can provide an IPU that enhances the value of the receivable.

Registered users can access the IPU option in the debtor area of the WALBING Marketplace. They can also sell receivables.

In a disclosed assignment once an invoice is sold, you as the debtor are notified about the new assignment and pays before/on the due date to the WALBING escrow account. Payment information will be provided to you via email and on the invoice document itself.