0121 469 0100

Launch your own trade finance platform!

Tired of waiting for your invoices to be paid?

Don't wait another day to get paid by your buyer! Sell your unpaid invoices for cash!

White-label our technology to launch your own Supplier Early Payment Programme




Obillex is excited to announce the appointment of Ian Henderson as a Senior Advisor. Ian brings over 30 years of experience within trade finance, banking, and investment management. The appointment comes as part of Obillex’s continual vision to offer best-in-class trade finance solutions to SME’s and multi-national corporations worldwide. Click here to read more!


Our technology but your own branding!

Stamp your branding on our platform and market it as your own product to your supplier network. We’ll do all the heavy lifting for you, this includes onboarding, day to day operations, customer support, technology and compliance.

Powered by the Bill of Exchange

Obillex holds the patent to settling commercial indebtedness via the Ebill.  The electronic version of one the most popular instruments in trade, the bill of exchange!

What is a bill of exchange?

An unconditional order requiring the party to whom it is addressed to pay a specified amount to the holder of the bill on a specified date.

An Ebill generated from an invoice

Sharia compliant Ebill generated from an invoice

Sharia compliant Ebill generated from a purchase order

A re-issued and re-distributed O-Bill, I-Bill or P-Bill





What makes the Ebill special?

Its is based on the Bill of Exchange (UK Bill of Exchange Act 1882)

Unlike an invoice, it acts as a transferable security that suppliers can use to pay their own suppliers

As a part of the risk of the Ebill lies with the acceptor of the bill (the buyer), an SME supplier supplying a buyer with a better credit rating, can assume a higher credit rating themselves when selling their receivables. This makes it cheaper for SMEs to generate finance through Ebills as opposed to loans, overdrafts, and invoice factoring facilities.

Types of Ebills

Obillex currently has 4 types of Ebills (electronic bills of exchange) that it provides in its solutions

Find out what makes the FLOW-bill special for both buyers and suppliers!

Help your suppliers convert their receivables into investible securities (Ebills)

What makes the FLOW-bill special is that it allows suppliers to convert their invoices into transferable securities, making it possible for suppliers to pay their own suppliers with their own receivables! Obillex holds the patent to this through the Ebill (Electronic Bill of Exchange)

Obillex has spent several years building and perfecting its trade finance solutions. Obillex holds the patent and technology that allow suppliers of all sizes to convert their trade receivables into securities (Ebills) that they can use to pay their own suppliers or sell to capital market investors

1. Supplier needs extra cash

2. Supplier selects the receivables they want to sell (purchase orders or invoices) and uploads them into your white-label platform

3. The system converts them into Ebills and offers them to investors

4. Our Investors select the Ebills they want and purchase them at a net cost

5. Supplier receives cash from investors

6. Investors wait and collect receivables from the supplier's customer(s) on deferred date

7. We pay you a share of our revenue


Investors purchase Ebills

Suppliers upload their receivables



Obillex is working with the largest city council in Europe (Birmingham City Council) to help their local suppliers access cash trapped within their receivables

Launched in

Programme Status

Supplier base

Programme size





“This is a real game-changer for smaller businesses like us, we are real fans and get a great service from Obillex and the programme they have implemented.”

“We found it extremely helpful with cash-flow. Knowing we were getting paid faster improved our own internal financial management processes. The scheme has been a big success for us"

Supplier Testimonials

Supplier Improvements

Suppliers reduced their days sales outstanding

Suppliers improved their cash conversion cycles

Suppliers optimised their working capital

Suppliers reduced borrowing and debt on their balance sheets

Buyer Improvements

Birmingham City Council improved its supplier relationships

Birmingham City Council reduced its supply chain risk by ensuring cash-strapped suppliers have a way to instantly turn their receivables into cash-flow

Birmingham City Council reduced operational costs by running its own programme through Obillex for free

Who we are....

Our team has held board and senior management positions within Prudential, McKinsey, Axa, Barclays, Nomura, Anglian Water, LGSS and HM Treasury

Alan has a distinguished career in the financial services and investment advisory industry. He spent 28 years at McKinsey & Co where he led the financial services practice in the UK, Europe and the Middle East. He was a board member of the McKinsey Investment Office, which oversees £8 billion of staff and partner retirement and investment products. He also chairs AdFisco, a financial services advisory company that also invests in innovative growth companies in financial services and is the Non – Executive Director of a number of companies notably Axa Investment Managers and KBL European Private Bankers S.A. An experienced venture capitalist, Alan co-founded MMC Ventures in 2000 to invest in early stage growth companies and it is one of the most active investors in this field. Alan has an MBA from Harvard University, MA in Law from Trinity College, Oxford and he is a qualified Barrister.

Alan Morgan


Jocelin studied law at Oxford and then qualified as a solicitor in the City of London. After qualification he joined the legal department at Esso Petroleum for two years following which he became a director of a private bank in the City. In 1986 he left the City and became involved full time in advising and financing start up and early stage businesses. He has been a Liveryman of the Worshipful Company of Drapers since 1988 and is a trustee of the St Peter’s College Foundation. He was a member of the governing body of Queen Mary, University of London for ten years during which time he served as vice chair. He is currently a director of two quoted Venture Capital Trusts and of a number of private companies in the UK and the USA. He is married and has three daughters and lives in West London.

Jocelin Harris


Brandon has been an adviser to Obillex’s founder since before the company was formed. He lectures the Risk Management Module for Buckingham University’s MSc in Finance and is a member of the Financial Markets Group at the London School of Economics (LSE). He sits on advisory councils for several “think tanks” including the CSFI and Long Finance. He lectures extensively on subjects in banking and risk management and has written numerous papers and articles and six books on these subjects. Until December 2009, Brandon was Managing Director of the Global Association of Risk Professionals Risk Academy, which he joined after retiring from Barclays Bank where he was treasurer of retail banking and a member of the banks executive committee. Prior to that appointment he was Head of Structured Products at Barclays Capital and Managing Director of Financial Engineering at BZW. In addition to his board director’s position at Obillex Limited, Brandon is a director of Shariah Trade Finance Limited and a Trustee of the Responsible Finance Institute. He holds a degree in economics from University College London.

Brandon Davies

Non-Exec Director

Sam joined Rosette Merchant Bank LLP (“RMB”) as Chief Operating Officer in October 2014 from a leading London based Structured Credit Asset Management firm where she grew the business from its start-up phase, leaving after seven years as Managing Director. Her previous financial services experience includes roles with Nomura International as an Assistant Vice President within the Fixed Income Division and then with Lehman Brothers as a Vice President in the Investment Banking Division Prior to her financial services career, Sam was commissioned as a British Army Officer having graduated from the Royal Military Academy Sandhurst in 1997. During her time in service she served with a number of Regiments including roles with the Infantry and the Royal Engineers. Sam holds a BSc (Hons) in Special Psychology. Sam was appointed as the Chief Executive Officer of Rosette in March 2018, having been acting CEO since July 2017 and in her spare time is a governor of a leading independent school in Wiltshire.

Sam Broadhead


Nigel was former CEO of the Office of Government Commerce (OGC), and former 2nd Permanent Head of HM Treasury. As head of both the procurement and project management professions across the Civil Service, he has led improvements in skills and capability across a range of disciplines including procurement, project management, property management and environmental sustainability. Whilst at the OGC, he was responsible for leading the drive to modernise government procurement and deliver value for money. He set out a clear procurement framework that all government departments could follow, as well as managing the relationship with government’s key suppliers across some of the country’s largest projects. Nigel is a Director of FTSE and global industrial businesses.

Nigel Taylor

Non-Exec Director

Regulated by the FCA

£1.2 Trillion

This is the approximate amount of working capital trapped in receivables around the world. Our goal is to help suppliers convert their trapped working capital into investible securities (Ebills) they can sell to capital market investors

Obillex Limited is authorised and regulated by the FCA (firm reference number 723115) and is also the proud owner of the electronic bill of exchange (US Patent number 8,423,460)

Contact Us

Main Office

Baskerville House, Centenary Square

B1 2ND, Birmingham

United Kingdom

+44 (0) 121 469 0100

The easiest way to get in touch with us is by filling in the contact form below.