Finance Monthly - August 2023

Firm Profile Factris is a fintech company on a mission to provide quick, low-cost working capital to European SMEs via financial technology with personalized guidance. Since 2017, Amsterdam-based Factris has sought to use the latest technology to solve the hurdles of providing financing to SMEs. This includes developing their own proprietary platform for customers to manage their financing, known as FAB, or Finance Automation for Business, as well as pioneering the use of an AI-powered risk-management system–all to improve the speed, quality, and availability of SME financing. At the same time, Factris has always maintained a human touch thanks to a personal account manager assigned to each client. This account manager is there to answer any questions, assist in making decisions, and provide guidance at each step of the client’s journey. All of this has come together to create a successful, fresh approach to financing European SMEs. Having just surpassed financing €1 billion worth of invoices, Factris has continued expanding its financing reach throughout the EU by offering its financing products and services in five European countries with plans to add two more before the end of 2023. Contact T: +31 20 50 50 333 E: LinkedIn: Factris FINTECH INNOVATION FIRM OF THE YEAR FinTech Awards Special Feature 68 Finance Monthly. FinTech Awards2023 FM

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