The Receivables Exchange
Financial ServicesNew York, United States51-200 Employees
The Receivables Exchange (RecX) operates as an electronic marketplace for the sale and purchase of accounts receivable. Its platform connects large corporate sellers with diverse liquidity sources, including banks, family offices, and asset management funds, under a structure that aims for a true sale of receivables and corresponding balance sheet benefits for sellers. The arrangement is supported in association with the New York Stock Exchange, highlighting its integration within mainstream financial markets. Based in New York, RecX positions itself within the financial services sector by facilitating structured receivables transactions that offer risk-adjusted opportunities to buyers. The service targets corporate entities seeking liquidity from their receivables and aims to provide access to multiple funding sources, aligning with a broader ecosystem of institutional and specialized buyers. The company operates with a modest to mid-size profile and emphasizes its role as a conduit for liquidity rather than a lender. A recent development note indicates ongoing collaboration with established market infrastructure through the NYSE connection, reinforcing its market-facing presence.