{"data":{"type":"company_profile","id":110639,"entity_id":"wefunder:company:110639","attributes":{"canonical_url":"https://wefunder.com/yellowpay","generated_at":"2026-06-22T19:46:40Z","updated_at":"2026-06-22T05:03:31Z","entity_ids":{"company":"wefunder:company:110639","slug":"wefunder:company_slug:yellowpay"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T19:46:40Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:31Z","as_of":"2026-06-22T19:46:40Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:31Z","as_of":"2026-06-22T19:46:40Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-02-20T19:28:43Z","as_of":"2026-06-22T19:46:40Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-02-20T19:28:43Z","as_of":"2026-06-22T19:46:40Z","confidence":"medium"}}},"company":{"id":110639,"entity_id":"wefunder:company:110639","slug":"yellowpay","name":"Yellowpay","tagline":"Eliminating the payment gap between suppliers and buyers","elevator_pitch":"We are a payment solution offering an easy and flexible way for businesses to pay their invoices. We also offer a Buy Now, Pay Later so that vendor get paid instant and customers pay later","story":"Yellowpay is a B2B payment platform which currently has 150+ suppliers and 350+ contractors on the platform, with an average deal size of around $60K and capital recycling every ~65 days.We reached profitability on a month-to-month basis in 2025, generating ~$90K in Net Profit and $1.35M in Gross Profit on $15.5M in processed volume. 100% of customers come back, and we’ve grown entirely through referrals, with zero paid acquisition.Every B2B transaction carries the same structural problem. Suppliers (manufacturers, wholesalers, and material distributors) need to get paid the moment goods ship. Buyers (contractors and developers on the other end of those transactions) are waiting on payment from their own customers before they can pay suppliers.That gap runs 30, 60, 90 and sometimes 120 days, and it sits at the center of nearly every cash flow crisis in trade.In capital-intensive industries like AI-infrastructure, energy storage, and renewables, the problem is enormous. A contractor may be managing hundreds of thousands of dollars in materials on 90-day terms while waiting to collect on a multi-million dollar contract. This problem runs deep in AI infrastructure, where hypergrowth and cash flow constraints collide.Suppliers turn down orders they can't float. Contractors decline jobs they can't afford to start. Banks are too slow and too rigid to fund this market.While multiple ‘buy now pay later’ solutions exist for consumers, few have built a purpose-built payment platform for B2B purchases until now.Yellowpay is a payments platform built for the way B2B trade actually works. Where traditional financing stalls on credit reviews and relationship approvals, Yellowpay facilitates transactions within 24 hours.Suppliers with 120-day payment terms get paid within 24 hours of invoicing. Buyers get flexible terms, automatic pre-qualification, and instant credit decisions without a traditional credit application. Everything runs through a single platform, purpose-built for the B2B industryCredit risk on every transaction is insured through Allianz and Coface, two of the world's largest trade credit insurers. Yellowpay carries the upside on each transaction at a 50% return on capital (XIRR), with the downside backed by institutional insurance. Financing is provided through Encore, with a second credit facility at 12.5% coming online in August 2026.Construction materials in the US represent a $310B market, and the huge demand in AI infrastructure, energy storage, renewable and grid infrastructure is accelerating the volume and complexity of the transactions running through it.Yellowpay is building the financial infrastructure that businesses run on. Every supplier paid in 24 hours and every contractor empowered to take on more. Join us as an early investor today.","location":"Roseville, CA","website":"https://www.getyellowpay.com","total_amount_raised":538946,"total_investors":145,"is_funded":false,"is_active":false,"quality_score":4,"related_urls":["https://wefunder.com/yellowpay","https://www.getyellowpay.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/110639/xxl_avatar.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/110639/large_Yellowpay-logo.jpeg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/110639/standard_avatar.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/110639/standard_avatar.jpg"},"links":{"company_url":"https://www.getyellowpay.com","linkedin_url":"https://linkedin.com/company/yellowpay/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"$2M+ current monthly transaction volume and growing"},{"index":2,"claim_id":"claim-fact-2","value":"$15.5 in total transaction volume in 2025, up 120% year-over-year"},{"index":3,"claim_id":"claim-fact-3","value":"$1.35M gross profits in 2025 with ~$90K in net profit"},{"index":4,"claim_id":"claim-fact-4","value":"50% return on capital deployed, with Allianz \u0026amp; Cofase backing the risk"},{"index":5,"claim_id":"claim-fact-5","value":"~8.5% take rate on every dollar processed"},{"index":6,"claim_id":"claim-fact-6","value":"150+ suppliers and 350+ contractors on the platform"},{"index":7,"claim_id":"claim-fact-7","value":"~$60K average deal size; capital recycled every ~65 days"},{"index":8,"claim_id":"claim-fact-8","value":"Building the payments infrastructure for a $310B construction materials market"}],"team":[{"id":2530592,"entity_id":"wefunder:company_role:2530592","user_entity_id":"wefunder:user:2532100","role":"founder","name":"Rune Skog","title":"Founder \u0026 CEO","bio":"Serial founder. Build Yellowsack, a tech enabled waste hauler utilizing dumpster bags. Raised $10M across 2 companies. Former EY Senior Consultant. UC San Diego MS. Norwegian University of Science and Technology MTech.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2530592/square_cropped_rune.jpg?1780667040","profile_url":"https://wefunder.com/rune.skog","linkedin_url":"https://www.linkedin.com/in/rune-andreas-skog-813221a4/","related_urls":["https://wefunder.com/rune.skog"]},{"id":2530610,"entity_id":"wefunder:company_role:2530610","role":"founder","name":"Bjørnar Skog","title":"Founder \u0026 CTO","bio":"Platform architect. Built 5 ventures, including Eventum (350 venues, sold for $2M) and Yellowsack (35K customers). Scaled and led cross-functional engineering teams. 20+ years across fintech, logistics, and events.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2530610/square_cropped_P2030106_bjornar_BW.jpg?1780667040","linkedin_url":"https://www.linkedin.com/in/bjornarskog/","related_urls":[]},{"id":2530850,"entity_id":"wefunder:company_role:2530850","role":"founder","name":"Nathan Kannady","title":"Founder \u0026 CCO","bio":"Sales operator. Drove 2x revenue YoY as National Sales Director at Gutterglove ($15M revenue). Led 40 person org at SolarCity (acquired by Tesla for $2.6B). CSU Sacramento Philosophy BA.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2530850/square_cropped_Image%2Bfrom%2BiOS%2B_12_.jpg?1780667040","linkedin_url":"https://linkedin.com/in/nathan-kannady-358a991a/","related_urls":[]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":2,"ask_questions":14,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":59774,"entity_id":"wefunder:fundraise:59774","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":400000.0,"minimum_target":"50000.0","maximum_target":"250000.0","funding_started_at":"2022-07-20T01:19:29Z","funding_closed_at":"2022-10-10T04:02:03Z","auto_close_at":"2022-10-10T03:59:59Z"},{"id":60157,"entity_id":"wefunder:fundraise:60157","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1070000.0,"funding_started_at":"2022-03-03T13:37:12Z"}],"latest_fundraise":{"id":59774,"entity_id":"wefunder:fundraise:59774","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-07-20T01:19:29Z","funding_closed_at":"2022-10-10T04:02:03Z","terms":{"eb":null,"nb":"$10M","txt":"pre-money valuation"}},"recent_posts":[{"id":157060,"entity_id":"wefunder:feed_item:157060","type":"FeedItem::Update","visibility":"public","title":"Hitting $1 million in credit a month","preview":"We are proud to be serving $1 million in credit a month, all in renewable and solar. Still 0% losses","published_at":"2022-09-26T05:13:46Z","author_name":"Rune Skog","url":"/feed/157060","canonical_url":"https://wefunder.com/feed/157060"},{"id":157042,"entity_id":"wefunder:feed_item:157042","type":"FeedItem::Update","visibility":"public","title":"$500,000 raised for building America","preview":"Yellowpay has officially raised $500,000 on Wefunder with only 47 investors! Thank you for being part of our journey and thank you to the investors that \u0026nbsp;believed in our company by investing $10,000 on average. That's a huge amount.We plan on raising\u0026nbsp;$500,000 more to\u0026nbsp;continue offering credit to companies building the future of America.Once we secure the capital needed, our next goal is to raise a private\u0026nbsp;round of $6,000,000 at a higher valuation. This is our way of saying ...","published_at":"2022-07-27T10:06:00Z","author_name":"Rune Skog","url":"/feed/157042","canonical_url":"https://wefunder.com/feed/157042"}],"q_and_a":[{"id":212127,"entity_id":"wefunder:comment:212127","question":"1) Your pitch mentions a parent company (Renovation Group) and a sister company (Yellowsack). Can you provide an overview of the corporate structure (e.g., are there other sister companies/subsidiaries)? 2) It looks like much of the same team is running both Yellowsack and Yellowpay. Do you plan to install other leadership at Yellowsack so that the current team is 100% focused on Yellowpay? 3) What percentage of deals in your pipeline are you actually closing? 4) Do you plan to stick to construction or offer BNPL to other industries at some point? 5) What's the exit strategy?","author_name":"Kevin Hardman","votes":4,"created_at":"2022-07-20T13:29:56Z","canonical_url":"https://wefunder.com/yellowpay#question-212127","answers":[{"id":212253,"entity_id":"wefunder:comment:212253","answer":"Hi Kevin. Thank you for the questions and thorough reading of the material 1: Yellowpay is owned by a holding company Renovation Group. Renovation Group also owns Yellowsack, which is the sister company of Yellowpay. There are no ties between Yellowsack and Yellowpay, and there are no other companies in the structure. 2: The team at Yellowpay are 100% focused on Yellowpay and its success and are only employed by Yellowpay. Their positions at Yellowsack have been replaced by other team members. 3: At the moment we have been closing 100% of the deals we have been submitted by our vendor partners. All companies submitted have been economically sound companies which have past our underwriting. We have also not experienced any losses as of yet. 4: At the moment we plan to stick to construction as this is the industry we know best and it is a huge untapped market with a lot of demand. We will most likely test the service for other industries as well, but that is not on the timeline at the moment. 5: Exit strategy is alway tricky to predict. I believe there are 3 ways for investors to exit. 1: We IPO. 2: We are acquired by one of the larger BNPL players or financial institutions. 3: A larger investor offer to buy all the shares from the smaller investors to clean up the cap table, for a nice profit.","author_name":"Rune Skog","votes":3,"created_at":"2022-07-21T17:50:34Z"}]},{"id":214876,"entity_id":"wefunder:comment:214876","question":"Hi - Interesting company. (1) How far along are you in securing a credit facility with a bank? What would delay this process, and what would be the business impact? (2) Have you officially launched or still in beta? If not launched, what would prevent or delay the launch? What do you mean by \"fully operational by Jun/July 2022\"? (3) Who are your closest competitors, and how are you different? My understanding is that a 24-hr approval for business loans these days is not uncommon. Is that really a competitive advantage? (4) Is the average spread 24% for all loans? (5) What do you mean by, \"Signed agreements projected to grow to $1 billion by 2026\"? (6) I'm a bit concerned with the corp structure and having a parent company over Yellowpay shareholders. Are there any clauses that would prevent the parent company from vetoing the conversion of the Wefunder note to equity? Thanks in advance.","author_name":"Jeff Park","votes":3,"created_at":"2022-08-10T13:23:07Z","canonical_url":"https://wefunder.com/yellowpay#question-214876","answers":[{"id":215011,"entity_id":"wefunder:comment:215011","answer":"Hi Jeff. I'll answer your questions to my best 1: We are in talks with multiple financial institutions and to get the line of credit we need to 1 prove the business modell and 2 raise capital for collateral. We are now proving the business modell by and we will raise capital at the end of the year for collateral. I therefore strongly believe we will have a line of credit secured at the end of the year. 2:We launched in end of May and are collecting a lot of data as we speak. 3: Closest competitors would be Billd, Credit key, Bluetape. But the space is so huge that competition is only sound for the industry. In our space to get approval and being paid in 24 hours is not common at least. 4: It's average. 5: We have signed deals which are now in \"beta\", meaning that if the vendors are using our service for parts of their business, and if we keep our promises they will utilise the service for all of their business. 6: There are no clauses or any other agreements that would veto the conversion into equity or any other clauses that would hurt Wefunder investors. I invest myself $105000 in this round through Wefunder.","author_name":"Rune Skog","votes":1,"created_at":"2022-08-11T15:09:16Z"}]},{"id":213409,"entity_id":"wefunder:comment:213409","question":"What are your revenues as of now? Do you have any responsibilities for the loan? What percent of the loan turns into revenue on average?","author_name":"Eliezer SCHECHTER","votes":3,"created_at":"2022-07-31T03:09:51Z","canonical_url":"https://wefunder.com/yellowpay#question-213409","answers":[{"id":213923,"entity_id":"wefunder:comment:213923","answer":"Hi Eliezer. Thank you for the questions. We are in talks with multiple financial institutions for having a line of credit going forward, but at the moment we are financing it by equity. All the credit offered turns in to revenue as the vendor always pay a fee for offering the service to their contractors.","author_name":"Rune Skog","votes":0,"created_at":"2022-08-04T21:04:57Z"}]},{"id":220055,"entity_id":"wefunder:comment:220055","question":"Hi team. Am confused as to how your numbers work. As a banker, I am interested in not only profitability, but very keenly cash flows and working capital cycles. Are your revenues actual revenues or a financing event on behalf of your contractors, suggesting you take title to the materials bought by the vendors and sold to the contractors. Your Y1 numbers and beyond would suggest you need a very big balance sheet to carry the levels of revenues you project. So I am confused. Further, the cost of the financing available to the contractors, say in the BNPL situation, amount to 30% APR. I am curious if the contractors have enough spread in the material cost to the end sale to cover this cost of financing. Generally, contractors have fairly thin margins so financing costs are a big thing. Thanks for the anticipated responses.","author_name":"Steven Cinelli","votes":2,"created_at":"2022-09-26T17:48:46Z","canonical_url":"https://wefunder.com/yellowpay#question-220055","answers":[{"id":220056,"entity_id":"wefunder:comment:220056","answer":"Hi Steven. Thank you for the questions. Our revenue are actual revenues, as we take title of the materials bought by the buyer and resell it, even if we don't not take physical possession. The average repayment for an invoice is 47 days, so we recycle the capital 7-8 times a year. The current APR is at 32% and will increase in the time going forward due to increased rates in general. Our revenue comes from 2 parties, both the seller and the buyer. We partner with the manufacturer of the building materials which normally offers terms for free to the buyer, example 30 days. The manufacturer pays us a Payment fee for the first 30 days. If the buyer like to extend the repayment terms, they will pay a weekly fee until repaid.. All of our business is in the solar space and most of it is between manufacturer of solar panels and retailers.","author_name":"Rune Skog","votes":2,"created_at":"2022-09-26T17:58:25Z"}]},{"id":213314,"entity_id":"wefunder:comment:213314","question":"1) What is the exit strategy for investors. Can you give a projected on ROI. 2) Walk us through the how you came up with the valuation number. 3) Seems like the company is providing a bridge loan for materials so contractors don't have to come out of pocket- which solves a huge problem. What happens if the economy tanks and an excessive amount of people cancel jobs that are already undertaken with materials paid for. I have seen this happen many times. How will you protect the company from getting crushed in a downturn.","author_name":"Rob Codling","votes":2,"created_at":"2022-07-30T12:28:48Z","canonical_url":"https://wefunder.com/yellowpay#question-213314","answers":[{"id":213922,"entity_id":"wefunder:comment:213922","answer":"Hi Rob. Thank you for the questions. 1: Its hard for me to project a ROI at this stage. What I do know is that we have signed deals worth $150 million over the next 12 months, and if we can deliver on those deals the company will be valued multiple times the 8 million cap. 2: The funding is a convertible not with 8 million cap and 20% discount. The main benefits of using a convertible (where the company is not priced) is that we dont have to figure out a price at this early stage with few price points. The 20% discount or 8 million can i standard terms for a seed company. 3: We are only giving credit to commercial projects and they are all secured by mechanics lien. With Mechanics lien it's important to know that in the end it's the project owner which are responsible for the credit, and not the contractor. The average repayment days are 41 days, so if the economy tanks we can quickly adjust our risk models. Hope this answered to your questions.","author_name":"Rune Skog","votes":1,"created_at":"2022-08-04T21:02:07Z"}]},{"id":212915,"entity_id":"wefunder:comment:212915","question":"How do you compare against BlueTape? https://bluetape.com/","author_name":"Gordon M","votes":2,"created_at":"2022-07-27T11:51:22Z","canonical_url":"https://wefunder.com/yellowpay#question-212915","answers":[{"id":213072,"entity_id":"wefunder:comment:213072","answer":"Hi Gordon. It is hard for me to compare Yellowpay and BlueTape as I haven't met anyone which have had any relationship with their service. Based it off of what they say on their webpage Yellowpay and BlueYape are very similar. Yellowpay have signed deals for $150 million over the next 12 months and are soon adding another great US solar manufacturer where we will be the primary source of financing. The reason why our vendor loves us is that we do the underwriting in less than 24 hours, the payout in the next 24 hours and that we treat them as partners and not customers. The space is so huge and there is no one-winner takes it all and BlueTape is another great company in this space.","author_name":"Rune Skog","votes":0,"created_at":"2022-07-28T16:32:00Z"}]},{"id":221541,"entity_id":"wefunder:comment:221541","question":"Do you have any updates on securing a line of credit?","author_name":"Matthew H","votes":1,"created_at":"2022-10-08T22:28:30Z","canonical_url":"https://wefunder.com/yellowpay#question-221541","answers":[{"id":221550,"entity_id":"wefunder:comment:221550","answer":"Hi. Without naming any names, we have one company which are doing their due diligence, but unfortunately will take some months to complete.","author_name":"Rune Skog","votes":0,"created_at":"2022-10-09T01:21:37Z"}]},{"id":221507,"entity_id":"wefunder:comment:221507","question":"How is Renovation Group involved and what is the relation between the two companies (beyond that Renovation Group is the parent company). If Renovation group IPOs does this affect Yellowpay? Would there be any motivation left for Yellowpay to IPO?","author_name":"Tal Charnes","votes":1,"created_at":"2022-10-08T18:04:53Z","canonical_url":"https://wefunder.com/yellowpay#question-221507","answers":[{"id":221551,"entity_id":"wefunder:comment:221551","answer":"Renovation Group is a holding company with the sole purpose of owning Yellowpay. This is due to tax issues for foreign investors in an American company. Renovation group will never IPO as its just a holding company.","author_name":"Rune Skog","votes":0,"created_at":"2022-10-09T01:23:02Z"}]},{"id":238817,"entity_id":"wefunder:comment:238817","question":"We'd love to integrate for our 22,000+ users at Contractor+! Let's talk!","author_name":"Justin Smith","votes":0,"created_at":"2023-03-14T13:42:24Z","canonical_url":"https://wefunder.com/yellowpay#question-238817","answers":[]},{"id":220815,"entity_id":"wefunder:comment:220815","question":"In a Reply to Jeff Park you wrote: \"We have signed deals which are now in \"beta\", meaning that if the vendors are using our service for parts of their business, and if we keep our promises they will utilise the service for all of their business.\" Question: What are the 'promises' you are referring to? Said another way, what would trigger them utilize yellowpay for all of their business and what is the expected value of those deals? Is that the 150M?","author_name":"Ethan B","votes":0,"created_at":"2022-10-02T22:48:49Z","canonical_url":"https://wefunder.com/yellowpay#question-220815","answers":[{"id":220867,"entity_id":"wefunder:comment:220867","answer":"Hi Ethan. Thank you for the question. Through our plattform we get credit requests from our partners for approximately $5 million a month. In May 2023 one of our partners are opening a solar panel manufacturer which will add another $20 million a month. We have a strong relationship with our partners and they know that we at this moment can not fulfil all of their needs, until a line of credit is secured. When that line of credit is secured we will be able to add all of their business. The expected value of all signed deals for 2023 is 300 million in credit giving a net revenue of $14 million. But to be able to service that requests we need a line of credit of $40 million, which we are currently working on.","author_name":"Rune Skog","votes":0,"created_at":"2022-10-03T17:41:42Z"}]},{"id":220500,"entity_id":"wefunder:comment:220500","question":"Could you please talk about the network and how does that work?","author_name":"Aalap Sharma","votes":0,"created_at":"2022-09-29T17:51:17Z","canonical_url":"https://wefunder.com/yellowpay#question-220500","answers":[{"id":220505,"entity_id":"wefunder:comment:220505","answer":"Hi Aalap. Thank you for the question. We are having a network effect in that sense that we partner up with a manufacturer of building materials. They send an invoice to one of their customers which uses Yellowpay to pay that invoice and to get net terms. That customer today have a large probabiity of using Yellowpay for paying other invoices and also to use Yellowpay again for the invoicing of their customers again. So we are getting customers by network and do not have to do marketing our self. Hope this was undarstandable and answer to your question.","author_name":"Rune Skog","votes":1,"created_at":"2022-09-29T18:14:41Z"}]},{"id":219913,"entity_id":"wefunder:comment:219913","question":"When does this raise close?","author_name":"Tal Charnes","votes":0,"created_at":"2022-09-24T09:20:48Z","canonical_url":"https://wefunder.com/yellowpay#question-219913","answers":[{"id":220030,"entity_id":"wefunder:comment:220030","answer":"Hi Tal. The round closes 10 of October","author_name":"Rune Skog","votes":1,"created_at":"2022-09-26T05:05:56Z"}]},{"id":214518,"entity_id":"wefunder:comment:214518","question":"What are you plans to weather the economic slowdown? How do you see this affecting your next 1-2 years?","author_name":"Matthew H","votes":0,"created_at":"2022-08-08T22:59:15Z","canonical_url":"https://wefunder.com/yellowpay#question-214518","answers":[{"id":215009,"entity_id":"wefunder:comment:215009","answer":"Hi. All our business as of yet is in the renewable and solar. Investments into the solar space is still booming and with the new Inflation Reduction Act investments in the renewable space will increase even further in the coming years.","author_name":"Rune Skog","votes":1,"created_at":"2022-08-11T14:57:54Z"}]},{"id":213970,"entity_id":"wefunder:comment:213970","question":"You mention a 20% discount but I don't see that in the investmsnt terms. What is the max raise for this round? Can you also break down how the funds will be use for this current round to grow the business?","author_name":"Gregg Carlson","votes":0,"created_at":"2022-08-05T03:38:22Z","canonical_url":"https://wefunder.com/yellowpay#question-213970","answers":[{"id":215012,"entity_id":"wefunder:comment:215012","answer":"Hi Gregg. The 20% discount should be shown when your press the invest button. It is also in the Convertible note your are signing when investing, where it is mentioned in 2.a.(i) as 0.8. Max raise for this round is $1,070,000. The funds of this round will be 7.5% allocated to Wefunder and 92.5% allocated to credit given to our customers. When raising $1,070,000 we are at break-even.","author_name":"Rune Skog","votes":0,"created_at":"2022-08-11T15:14:18Z"}]}],"faq":[{"question":"1) Your pitch mentions a parent company (Renovation Group) and a sister company (Yellowsack). Can you provide an overview of the corporate structure (e.g., are there other sister companies/subsidiaries)? 2) It looks like much of the same team is running both Yellowsack and Yel...","answer":"Hi Kevin. Thank you for the questions and thorough reading of the material 1: Yellowpay is owned by a holding company Renovation Group. Renovation Group also owns Yellowsack, which is the sister company of Yellowpay. There are no ties between Yellowsack and Yellowpay, and there are no other companies in the structure. 2: The team at Yellowpay are 100% focused on Yellowpay and its success and are only employed by Yellowpay. Their positions at Yellowsack have been replaced by other team members..."},{"question":"How do you compare against BlueTape? https://bluetape.com/","answer":"Hi Gordon. It is hard for me to compare Yellowpay and BlueTape as I haven't met anyone which have had any relationship with their service. Based it off of what they say on their webpage Yellowpay and BlueYape are very similar. Yellowpay have signed deals for $150 million over the next 12 months and are soon adding another great US solar manufacturer where we will be the primary source of financing. The reason why our vendor loves us is that we do the underwriting in less than 24 hours, the pa..."},{"question":"1) What is the exit strategy for investors. Can you give a projected on ROI. 2) Walk us through the how you came up with the valuation number. 3) Seems like the company is providing a bridge loan for materials so contractors don't have to come out of pocket- which solves a hug...","answer":"Hi Rob. Thank you for the questions. 1: Its hard for me to project a ROI at this stage. What I do know is that we have signed deals worth $150 million over the next 12 months, and if we can deliver on those deals the company will be valued multiple times the 8 million cap. 2: The funding is a convertible not with 8 million cap and 20% discount. The main benefits of using a convertible (where the company is not priced) is that we dont have to figure out a price at this early stage with few pri..."},{"question":"What are your revenues as of now? Do you have any responsibilities for the loan? What percent of the loan turns into revenue on average?","answer":"Hi Eliezer. Thank you for the questions. We are in talks with multiple financial institutions for having a line of credit going forward, but at the moment we are financing it by equity. All the credit offered turns in to revenue as the vendor always pay a fee for offering the service to their contractors."},{"question":"You mention a 20% discount but I don't see that in the investmsnt terms. What is the max raise for this round? Can you also break down how the funds will be use for this current round to grow the business?","answer":"Hi Gregg. The 20% discount should be shown when your press the invest button. It is also in the Convertible note your are signing when investing, where it is mentioned in 2.a.(i) as 0.8. Max raise for this round is $1,070,000. The funds of this round will be 7.5% allocated to Wefunder and 92.5% allocated to credit given to our customers. When raising $1,070,000 we are at break-even."}]}}}