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Status: Active

May 23rd 2021 - Jun 30th 2021

14 days left

VINEX is a digital Business-To-Business (B2B) trading platform that connects buyers and sellers to source, sample, negotiate and execute contracts related to wine. The company has traded more than 115 million bottles of wine across 26 countries since 2016. It has also witnessed 3,200 monthly visitors on its platform with an average of 80 million litres of wine traded each month, from 16 countries. The company recently launched VINPay, an industry-first financial technology service customised for the wine industry, providing wineries with guaranteed payment and increased access to capital liquidity. VINEX argues that VINPay pays wineries in 3 days from dispatch, rather than them waiting for 90+ days, and removes non-payment risk. The company points out that it has already started processing invoices, making and receiving payments from 7 countries. VINEX aims to become a contender in the wholesale wine market that is set to exceed US$381 billion in 2021. It will use the investment to help wineries invest and flourish.

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  • £137,942
    pledged
  • 68%
    of goal

    £200,000
    target

    £7,241,426
    pre-money valuation

    2.69%
    equity available

    135
    investors

    £1,022
    pledge per investor

    11759511
    company number

    Active
    company status

    10/01/2019
    incorporated 2 years

    £0.19
    share price

    News

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Funding progress



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  • £137,942
    pledged
  • 68%
    of goal

    £200,000
    target

    £7,241,426
    pre-money valuation

    2.69%
    equity available

    135
    investors

    £1,022
    pledge per investor

    11759511
    company number

    Active
    company status

    10/01/2019
    incorporated 2 years

    £0.19
    share price

    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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