Friendly collection of unpaid invoices for small businesses
Starting costs about $2,340 in the United States and 376,000 NGN in Nigeria. After 12 months, this business can bring in about $4,350 net per month in the United States and 1,050,000 NGN in Nigeria. The starting money comes back in about 4 months, with 35 hours of work per week.
Mundyo estimates, data as of 2026-11-02.
See the numbers for my countryFree, no account, in the currency of 243 countries.
The numbers
| Country | To start | Net per month (month 12) |
|---|---|---|
| United States | $2,340 | $4,350 |
| Nigeria | 376,000 NGN | 1,050,000 NGN |
| United Kingdom | £1,580 | £3,000 |
| Kenya | 102,000 KES | 145,000 KES |
| India | 53,000 INR | 106,000 INR |
Amounts adjusted to each country's price and income levels.
The problem
Many small businesses wait months to get paid. They don't dare to chase, lack time, and a lawyer costs too much for small amounts.
The solution
You chase politely by email, letter and phone, offer payment plans to the customer who owes, and track each payment. A lawyer only comes in as a last resort.
Your customers
Tradespeople, SMEs, firms and service providers with several overdue invoices. Suits people who already worked as accountants, office managers, salespeople or bank advisers.
How you make money
Commission of 10 to 20% on amounts collected, small fee per file, reminder plan for regular clients. About €30,000 recovered a month at 15% reaches the target figure.
Competition
Debt collection agencies, lawyers, automatic reminder software and companies that chase their own invoices.
Who has an edge
A former accountant, credit controller or salesperson knows how to talk about money without upsetting anyone. They recover the money while keeping the business relationship intact.
The risks
Regulated in many countries: registration, insurance, separate account for client funds. Recovering €30,000 a month often takes a year, many clients and a lot of composure.
The first 3 steps
- Check debt collection rules in your country: registration, insurance, separate account
- Prepare polite reminder templates and a simple contract
- Offer 10 companies in your network to handle their three oldest invoices
How the numbers are calculated
Example in a high-income eurozone country, at month 12: revenue €4,500 − costs €1,500 = €3,000 net per month. Revenue: €30,000 recovered a month × 15% commission. Costs: software, phone, letters, insurance, registration, social contributions. For other countries, Mundyo adjusts the starting budget to the price level (World Bank) and the income to prices and customers' purchasing power, then converts at the day's exchange rate.
Frequently asked questions
How much does it cost to start: Unpaid invoice recovery?
About $2,340 (United States), 376,000 NGN (Nigeria), £1,580 (United Kingdom), depending on the country. Mundyo calculates the amount for 243 countries.
How much can you earn per month?
After 12 months, about $4,350 (United States), 1,050,000 NGN (Nigeria), £3,000 (United Kingdom) net per month, after costs.
How long until I get my starting money back?
About 4 months, with 35 hours of work per week.
What are the risks?
Regulated in many countries: registration, insurance, separate account for client funds. Recovering €30,000 a month often takes a year, many clients and a lot of composure.
Where do I start?
1. Check debt collection rules in your country: registration, insurance, separate account 2. Prepare polite reminder templates and a simple contract 3. Offer 10 companies in your network to handle their three oldest invoices
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