Working from our home offices scattered across Ljubljana, we have been successful in communicating the advantages of our platform to invoice buyers. As a result, we have recorded 712 new company registrations since March 1st on our test market of Slovenia. Doubling down on what we see as a real positive shift in the lifecycle of the platform, we reached out to The Chamber of Commerce and Small Business of Slovenia and asked if we could help out many of the struggling business owners that are looking for answers and financial assistance in light of the epidemic. Working together, we created a webinar titled “How to Get Liquidity Amid the Corona Crisis.” It was attended by more than 80 company representatives, all registered on the Hiveterminal platform and in the process of verification. The event was well received and many really important issues were highlighted by the business owners and answered by the team. https://medium.com/hiveterminal/hiveterminal-adoption-reaches-record-high-33ac5146026d

Here is our CEO‘s thoughts on the industry and the future of Hiveterminal!

“We strongly believe that we are perfectly positioned to scale-up in the nearest future. The next 30 days will be crucial in terms of development as we want to have the first non-Slovenian companies selling their invoices on Hiveterminal in June 2020."

It is time to scale up!

More in our blog: https://medium.com/hiveterminal/a-word-from-the-ceo-time-to-scale-up-9dd6918f07b3

With the new VC & changes in the company ownership and organization, we have now joined forces with a new development team. We could not be happier to be working with one of the best and most experienced teams of developers out there!
Read the announcement from our CEO: https://medium.com/hiveterminal/hiveterminal-new-development-team-to-meet-challenges-ahead-bd900afb09b0

Happy to be mentioned among the top 10 most promising Slovenian startups to watch in 2020! https://www.eu-startups.com/2020/05/10-most-promising-slovenian-startups-to-watch-out-for-in-2020

The Hiveterminal HQ is currently buzzing with work. Most team members have returned from their home offices, which has further intensified the preparations for the upcoming pan-European expansion. VC not only opened doors for entry into other markets for Hiveterminal, but it has also provided us with a new point of view on improvements needed in certain areas of the product. In this blog, we wanted to highlight some of the steps we are taking to improve the technology side of the Hiveterminal platform.
https://medium.com/hiveterminal/hiveterminal-moving-forward-with-tech-development-5d222e0cc6d1

I am happy to announce that we are undertaking final tests of the multi-market onboarding functionality. We are adding the ability for Hiveterminal back-office to perform invoice sellers and invoice buyers registration from different EU markets, multiple new datasets, and changes to the risk calculation, UX improvements, and different language-packs, among other things. All of this will soon enable companies from different EU jurisdictions to use our blockchain-based invoice financing platform!
https://medium.com/hiveterminal/hiveterminal-final-testing-before-opening-new-markets-is-under-way-ce0093b882be

At the headquarters, our sights are still firmly set on making Hiveterminal, a blockchain-based invoice financing platform, available to small and medium-sized enterprises (SMEs) outside of Slovenia.
To better illustrate our excitement about the platform’s future, we put together a deep analysis of the invoices uploaded onto the platform from May 1 of this year until today, August 19.
https://medium.com/hiveterminal/hiveterminal-a-rare-glimpse-behind-the-scenes-23d5dcc05ace

The question “What has Hiveterminal been up to?” has been asked many times over the course of the past few months on our official Hiveterminal Telegram channel. With the team focused on turning our vision into reality, our lack of communication has been a tough but important business decision. We are happy to say that we can now share a concrete roadmap, straight from the management team, for the future of Hiveterminal as a company and product.
https://medium.com/hiveterminal/hiveterminal-what-have-we-been-up-to-f49bf283afd9

It has always been our goal to become an important pan-European player that offers a bridge between liquidity providers and businesses seeking working capital. We have been taking small steps towards achieving this goal over the past two years and we are happy to announce a game-changing step. Starting today, all EU-based companies can become corporate invoice buyers and earn high ROIs by purchasing invoices from trusted and verified companies! We believe this is a true leap towards insuring liquidity on the buying side, making faster scalability a reality!
https://medium.com/hiveterminal/hiveterminal-announcement-invoice-buying-now-available-to-all-eu-based-companies-f79df20152f5

The COVID-19 pandemic has hit the EU economy hard, but its true impact is yet to be seen. Millions of small European businesses have been forced to shut down due to restrictions on non-essential businesses or abysmal foot traffic amid the coronavirus pandemic. Those lucky enough to still be on their feet have seen a massive increase in non-payments and late payments.
The pandemic has thus affected Hiveterminal as well. However, we have decided not to give in but rather to create a whole new strategic approach, which encompasses a new platform release and a new set of functionalities.
https://medium.com/hiveterminal/hiveterminal-new-strategic-approach-as-answer-to-covid-19-pandemic-bd9317f4ba2b

This is an important notice for users storing their Hiveterminal Tokens (HVN) in their platform wallets. To ensure continued access to your tokens, you must withdraw all of your HVN from the Hiveterminal platform by December 20, 2020.
https://medium.com/hiveterminal/notice-hiveterminal-users-must-withdraw-all-hvns-by-december-20-94f7e9030b8f

2020 was a special year for Hiveterminal. As the team worked remotely for nearly half of it, we saw the business landscape morph quickly into the great unknown. Some businesses have struggled to stay afloat, while others managed to build resilience within their organizations and come out stronger. https://medium.com/hiveterminal/hiveterminal-looking-ahead-to-a-fresh-start-this-new-year-e28daff3bdfa

One of the changes in the new release of the Hiveterminal platform is a switch to the invoice risk rating system from a number-based scale to a letter-based one. We wanted to take a few minutes of your time to explain how the changes in rating reflect the invoices themselves by putting together a guide for those just starting their invoice buyer journey.
https://medium.com/hiveterminal/hiveterminal-new-invoice-risk-rating-explained-f4e82c8268fb

With the Hiveterminal's tech team working on the upcoming entry into the DACH region markets with our new Enterprise offering, we wanted to explain the upcoming changes that are required for the platform to support the new functionality and allow enterprises in the region to acquire their own invoices through the use of the Automated Early Payment Gateway.
https://medium.com/hiveterminal/hiveterminal-enterprise-offering-coming-to-the-dach-region-soon-2f01a63f468f

On Friday, the team at Hiveterminal deployed a series of upgrades, allowing enterprise users from DACH markets to register and start using the Hiveterminal platform.
Hiveterminal will allow enterprise companies to use the Hiveterminal platform and its Early Payment Gateway to settle the invoices of their supply chain companies at a discount, creating a win-win for both parties. While smaller, supply chain companies will gain much-needed liquidity, the purchases of invoices at a discount they set will bring higher earnings for enterprises. https://medium.com/hiveterminal/hiveterminal-dach-upgrade-now-live-dfe363a1d1fb

As part of our expansion plans into the DACH region, the Hiveterminal platform now also supports the German language in the user interface of the app itself.
https://medium.com/hiveterminal/hiveterminal-language-settings-expanded-to-include-german-40cfb9a55b84