The Receivables Exchange Co-Founders Named to Institutional Investor’s Annual List of the Most 'Disruptive' People in Financial Technology

The Receivables Exchange, the real-time online marketplace for the sale and purchase of receivables, today announced that its co-founders, Justin Brownhill and Nic Perkin, were again named to Institutional Investor magazine’s annual “Tech 50” List, which honors the most “disruptive” figures in the financial technology sector. Institutional Investor called The Receivables Exchange a “classic example of financial technology entrepreneurship,” which has brought efficiency and transparency to the business receivables marketplace.

This year’s list, being published in five installments throughout the week, honors financial technology disruptors who are “eager to make innovative leaps to gain competitive advantages” and, in the process, transform the way we do business. The rankings are compiled by the editors and staff of Institutional Investor, with nominations and other input from industry experts. In its citation for The Receivables Exchange, Institutional Investor highlighted the company’s rapid growth, calling the online receivables marketplace a “roaring success” that is just scratching the surface of a $17 trillion market potential.

“The U.S. capital markets today are facing dramatic change, propelled by technological innovations and market forces,” said The Receivables Exchange’s Co-Founders, Justin Brownhill and Nicolas Perkin. “Making this list is a powerful signal of the impact the Exchange is contributing as we move to assist businesses – small and large – to better manage their receivables and address this often ignored, yet largest, asset class in the capital markets.”