Invoices sent.
Money received.

Accounts receivable, run for you. Your business assigns its revenue to Recvd. Recvd invoices your customers, follows up on the days you set, pays you what was received less the fee, and reports on all of it. Recvd also offers a merchant of record service and platform management.

Businesses that invoice and wait to be paid. Businesses under cash pressure that need every dollar tracked and paid out quickly. Software and AI companies that payment processors turn away or mislabel as high risk. And businesses that sell through platforms such as Toast, Square, Stripe or DoorDash.

Recvd does, for the work your business did. Your business assigns its revenue to Recvd in a signed agreement, and each invoice tells the customer to pay Recvd. The customer relationship stays with you.

By bank transfer or by card, from a link on the invoice. An invoice can show two prices, a bank price and a card price that includes the cost of taking the card, so the customer chooses.

When your customer's payment settles, it is paid out to your own bank account less the fee you agreed to. Each invoice shows when it was paid out, and every payout comes with a statement.

What is outstanding by age, when each invoice was sent, opened and paid, how many days each customer takes to pay, what was received and paid out, and the fees, by customer and by invoice. You can export it.

No. Recvd bills and follows up on current invoices for your own goods and services, under your assignment. It does not buy old debts or report to credit bureaus.

Recvd is the seller on your customer's receipt: it takes the payment, collects the sales tax due on the sale and pays you. Payouts can go out several times a week rather than twice a month. It suits software and AI companies that have been turned away by payment processors or labelled high risk when they are not. Each business is reviewed before it starts; ask about it when you request access.

If you sell through platforms such as Toast, Square, Stripe or DoorDash, Recvd tracks every payout from each one and reports sales, platform fees and what you kept across all of them in one place. It is offered alongside accounts receivable; ask about it when you request access.

A licensed payment partner. Your customer pays Recvd through that partner, the partner holds the balance, and what was received is paid out from it to your own bank account less the fee. Recvd is not a bank.

Recvd is opening to a small group of pilot businesses. Request access and we will tell you where the pilot stands.

A fee on what is received, agreed with you in writing before the first invoice goes out. There is no charge for an invoice that is not paid.