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Top 6 Sonovate competitors for talent & staffing platforms

Compare the top six Sonovate competitors and assess which one is right for your talent marketplace or recruitment agency based on credit risk, max funding, API support, and other factors.

4 min read

November 28, 2025

If you’re a talent marketplace or a recruitment agency searching for Sonovate’s top competitors, chances are you’re looking for a financing solution that:

Lets you pay talent faster without using your own capital or taking on credit risk
Integrates into your platform or internal systems for a smooth, branded user experience
Can be customised to how your business uniquely operates

In this guide, we’ll explore six Sonovate alternatives for invoice financing to help you find the best fit for your platform.

Note: looking to implement an invoice financing solution to finance talent on your marketplace? Book a demo with Aria to learn more

Comparing Sonovate competitors

*Provider*	*Core Offering*	*Best For*	*Embedded/API Support*	*Credit Risk Held By*	*Focus Area*	*Max Funding*
Aria	Embedded invoice financing + instant payments to talents	B2B marketplaces and platforms	Full white-label APIs & optional manual dashboard	Aria	Europe, UK, global expansion	Up to 100% of invoice
Bibby Financial Services	Traditional invoice finance	SMEs and established businesses	Limited	You, but Bibby Financial Services offers Bad Debt Protection as an optional add-on¹	UK, Europe, Asia	Up to 95% of invoice²
Close Brothers Invoice Finance	Traditional invoice finance	SMEs with minimum annual turnover of £750k³	Limited	You, but Close Brothers offers Bad Debt Protection as an optional add-on⁴	UK	Up to 90% of invoice⁵
Mimo	Flexible financing	SMBs and accountants	N/A	Mimo conducts internal due diligence in relation to your credit risk before advancing funds to you⁶	UK	£5k – £1m in flexible credit⁷
Mondu	B2B BNPL + embedded invoice factoring	B2B companies and marketplaces	Direct API integration, e-commerce plugins, PSP integration	Mondu⁸	Europe, UK	Up to 100% of invoice
Kriya	Embedded BNPL + invoice finance + working capital loans	B2B merchants	Direct API, hosted payments, e-commerce plugins, & PSP integrations for BNPL; invoice financing is not embedded	For BNPL, Kriya⁹	UK, Europe	Up to 90% of the purchase value

1. Aria: Embedded invoice financing for B2B marketplaces and platforms

Aria embedded invoice financing for B2B platforms

Aria is an embedded invoice financing solution that enables talent and staffing platforms to provide instant payout options to talent – without having to manage the financial risk themselves. With €2bn in financing capacity, we have helped talent marketplaces like Job & Talent, Malt, and StaffMe scale their platforms and avoid tying up their own cash.

Unlike traditional financing providers, Aria embeds finance directly into your workflow. Freelancers, talent and suppliers can access financing to get paid immediately without leaving your platform, while Aria handles underwriting, risk management, and payouts behind the scenes.

Here’s how talent and staffing platforms can benefit from partnering with Aria:

Retain talent by giving them the choice to get paid instantly

As a talent marketplace, your focus is on connecting great talent with companies and giving both sides the tools they need to manage their own work. But when talent starts asking for faster access to their earnings, you suddenly feel pressure to step into the payment flow between the two – something your model was never built for.

Aria enables you to offer financing without rebuilding your entire workflow.

With us, your talent can choose when they get paid. As soon as an invoice or timesheet is approved, they can request instant payment with a click, directly from your platform. We then advance up to 100% of their invoice, often within 24 hours.

Behind the scenes, everything is automated. Users self-serve onboarding while Aria streamlines KYC/KYB across 100+ countries, plus credit scoring, risk checks, and fraud detection in real-time. Most decisions (92%) are made instantly, and we take on the credit risk and payment collection. At the same time, buyers can pay on their regular payment terms.

Because Aria underwrites the company that is buying the service, not the talent, it means that even your smallest, essential professionals can access fast payments. And since onboarding and credit assessments are automated, it’s easy to do this at scale. As you grow, Aria can finance this broad share of your user base with a €2bn financing capacity.

This strengthens loyalty and attracts top talent to your platform – all while you get to avoid the cost and risk of financing in-house.

Keep the user experience seamless with embedded features and a white-label interface

Bringing a third-party financing solution into your marketplace can feel risky. The last thing you want is a clunky add-on that disrupts your users’ experience or sends them off-platform.

With Aria, you get an invoice financing solution that’s fully embedded and white-labeled. Your talent can sign up, self-onboard, and access instant payments from your platform – no redirects or separate logins.

Buyers, too, can confirm they’ve received services directly in your system. This simple invoice validation process provides strong legal protections and helps anticipate potential disputes.

By combining a branded, self-service interface with straightforward payouts, Aria makes it easier for your workers to get paid faster – an advantage that brings in more talent and boosts transaction volume across your platform.

You can also choose whether to absorb Aria’s fee into general pricing, pass it on to your suppliers or even add a supplement charge on top.

Scale easily with an easy-to-integrate API

Unlike traditional recruitment agencies that usually handle financing behind the scenes, talent marketplaces want their users to manage payments directly on the platform. That’s why you want to be careful with backend changes – even small tweaks can disrupt the user experience.

While plug-and-play invoice financing solutions can be quick to integrate, they often come with limited flexibility, such as rigid payment flows or fixed approval processes. What works for one platform may not fit yours, and adapting the solution to your needs isn’t always possible.

Aria is designed to be flexible: you adapt it to your workflow and needs, whether that’s setting custom credit limits for key clients or tailoring how debt collection works. You can even start small, using Aria manually via our dashboard, and scale to a full integration once you’re ready.

Our simple REST API lets you embed invoice financing directly into your platform with one call. You also get clear docs, sandbox access, and a dedicated implementation manager.

Aria works across 100+ countries and supports multiple currencies, so you can easily serve global users. And because the solution is fully integrated, Aria scales as you grow. New users and invoices flow into the system without extra manual work, keeping your operations running without bottlenecks.

Case Study: Job&Talent goes from 20+ factoring partners to one embedded financing solution with Aria

Job&Talent, an AI-powered workforce platform, matches skilled workers with companies in essential industries. In 2024 alone, it placed 300,000 professionals in work and processed €1.8 billion in transactions.

The platform faced a common challenge: the mismatch in payment culture. Buyers preferred 30-90 day terms, while suppliers wanted to get paid immediately. Before Aria, the platform relied on a complex combination of 20 different factoring partners to pay its talent on time.

Now, with Aria, invoices are automatically transferred via NetSuite, and invoices are financed in less than 24 hours. Processes that once required three staff members now take a single person a third of the time. According to Job&Talent, losing Aria would cause at least a two-week cash flow impact.

By replacing multiple factoring partners with its single embedded financing management system, Aria simplified operations, accelerated cash flow, and strengthened the platform’s ability to deliver a cohesive experience for its talent and clients.

2. Bibby Financial Services

Bibby Financial Services offers traditional invoice finance and asset finance. With operations across the UK, Europe, and Asia, the company serves a wide range of sectors and is well-suited for SMEs and established businesses seeking flexible funding outside of traditional bank loans.

You can use the company’s services to improve liquidity by submitting your client invoices for early payment. This would help you cover and advance payments to talent. Note that Bibby advances cash against your own invoices rather than those of your suppliers or talent. They also don’t offer embedded solutions.

This makes it more ideal for traditional recruitment agencies that operate with external funding partners for back-office financing.

3. Close Brothers Invoice Finance

Close Brothers Invoice Finance is a UK-based lender offering traditional invoice finance and factoring solutions for SMEs. It supports businesses with B2B invoices and an annual revenue of at least £750,000. You can work with them to access the liquidity needed to pay talent or contractors on time, while retaining control over client billing and workforce management.

Close Brothers’ model is designed for companies that want to manage invoice financing directly. It does not offer embedded solutions, making it more ideal for traditional recruiting firms that aren’t looking to offer in-platform instant payments to users.

4. Mimo

Mimo offers financial management solutions for SMBs and accountants, including invoicing, expense tracking, automatic reconciliation, and flexible financing. Businesses that need to cover cash flow gaps after paying for services and before receiving the buyer’s payment can access £5k – £1m in flexible credit directly from the Mimo dashboard.

Mimo could pay talent quickly, while you repay by direct debit at the end of the term. Then your credit resets and can be used again. Companies with £125k–£25m+ in annual turnover, 1+ year of trading history, and minimum £10k in monthly revenue, might be eligible for financing to manage their cash flow better.

5. Mondu

Working primarily with B2B companies, digital marketplaces, and platforms, Mondu offers both B2B BNPL and embedded invoice factoring. BNPL is commonly used for goods and general B2B transactions, while talent marketplaces can use embedded invoice factoring to offer instant payments to workers.

Mondu supports direct API integration, e-commerce plugins, and payment service provider (PSP) connections, making it a strong plug-and-play solution that’s quick to set up and easy to launch.

6. Kriya

Kriya provides flexible B2B financing solutions, including B2B BNPL, invoice financing, and working capital loans.

Designed for B2B merchants, Kriya’s BNPL solution lets buyers pay later at checkout, with Kriya providing funds upfront. Kriya also takes on the risk of nonpayment and handles collections. This is great for buyer flexibility, though it doesn’t give talent the option to get paid when they choose.

Kriya’s invoice financing primarily caters to merchants that want to access quick funding: you can upload invoices through Kriya’s off-platform portal and use the funds within 24 hours.

Talent marketplaces looking to smooth cash flow gaps could make use of Kriya’s working capital loans to ensure timely payments to talent, maintain operational flexibility, and cover other short-term funding needs.

Embed invoice financing directly into your talent marketplace with Aria

Talent platforms and recruitment agencies have plenty of invoice financing options, but not all are designed the same. They can differ in many ways, from how easily they integrate into your platform or internal systems to how customisable they are and who takes on the credit risk.

Aria is a solution that fits right into your workflow. Your talent can get paid instantly from your own white-labeled interface – no redirects, no friction, and all fully on-brand. Plus, with €2bn in financing capacity, we fund up to 100% of invoices, handle collections, and cover the cost of defaults.

Curious to see how it works? Reach out for a demo today.

FAQs: Sonovate competitors

1. Who are the best Sonovate competitors?

The best Sonovate competitors include Aria, an embedded financing solution for B2B marketplaces and talent platforms, as well as Kriya, Mondu, and Iwoca, whose business loans allow you to pay talent ahead of client payments and smooth cash flow gaps.

For more traditional invoice financing, Bibby Financial Services and Close Brothers Invoice Finance let you fund invoices you submit on behalf of your talent.

2. How is Aria different from Sonovate?

Aria is fully embedded into your platform, giving your talent the freedom to request instant payments without being redirected. Sonovate, on the other hand, is a financing management solution that’s best for traditional recruitment businesses. The agency decides which invoices to fund rather than putting control in the hands of talent.

3. Who can use Aria?

Aria is designed for platforms where invoices are created or managed digitally, including talent and staffing marketplaces, B2B platforms, vertical SaaS, ERPs, and corporate treasury systems. We’re especially useful for platforms with SMBs that invoice larger buyers with payment terms of 30-90 days.