Hoffman Estates, IL – Sept. 9, 2024 —Vistex, the leading provider of rights and royalty solutions is pleased to announce that the company has partnered with music advance provider RoyFi to make its funding and technology available to Vistex’s music industry customers.
This partnership will enable RoyFi to use its technology to streamline finance alternatives for Vistex customers and help ease the ongoing challenge of irregular royalty payments. The integration into Vistex’s royalty solutions allows customers to submit precise revenue figures so RoyFi can make the proper advance offers. The partnership will link RoyFi directly to Vistex customers via website referrals.
“As the world leader in copyright, royalties and licensing solutions for the music publishing industry, Vistex is delighted to join forces with RoyFi,” said Phil Bird, Head of Rights & Royalties (EMEA) for Vistex. “Together we have developed a revenue-tracking program so that RoyFi can make advanced payments to customers with confidence.”
“We are proud to partner with Vistex, a company trusted by some of the biggest and most innovative players in the music industry,” said RoyFi’s CEO, Peter Harvey. “This partnership will streamline our access to the high-quality data necessary to provide Vistex’s customers with preferred advance terms. Collaborating with a respected leader like Vistex builds on our recent momentum and validates the distinct advantages of our business model, which delivers structurally superior advance terms.”
About RoyFi
RoyFi is a fintech company that advances funds to music artists at below-market rates based on future royalty earnings. The company’s mission is to provide flexible, artist-friendly solutions to leverage artists’ balance sheets and invest in themselves. Visit www.royfi.com.