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Factris

Finance/Fintech ~280 employees
Founded
--
Employees (Est.)
~280
14 leaders known
Total Funding
$53.2M
Funding Rounds
1
Last Funding
2023-04-17

About Factris

Factris, founded in 2017, aims to make finance more accessible for SMEs and self-employed individuals by providing fast and easy financing solutions. They focus on unlocking cash flow by financing unpaid invoices to help businesses grow and succeed.

Products & Services

Factoring:A financial service to turn outstanding and future receivables into working capital quickly.
Factoring for SMEs:Tailored factoring solutions for small and medium-sized enterprises.
B2B Factoring:Factoring services specifically for business-to-business transactions.
Factoring for Employment Agencies:Specialized factoring for employment agencies to manage cash flow.
Transport Factoring:Factoring solutions designed for transport companies.
Debt Management:Outsourcing debtor management to allow businesses to focus on growth while Factris handles invoice collection.
Credit Insurance:Protection against financial loss when factoring invoices.

Specialties

Invoice Factoring SME Financing Debt Management Credit Insurance Automated Financing Platforms

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt
A: 53250000
MR: -
FA: €50 million
FAN: 53250000
D: 2023-04-17
FD: 2023-04-17
1 investors
Debt Latest
2023-04-17
$53.2M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Brian Reaves

Chief Executive Officer

LinkedIn (Pro only)
P

Peter Harkin

Chief Financial Officer

LinkedIn (Pro only)
E

Edmundas Volskis

Chief Risk Officer

LinkedIn (Pro only)
L

Liudmila Dobilienė

Chief Commercial Officer

T

Tony Campbell

Chief Operations Officer

C

Chava Gleizer

Head of Operations

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Recent News

Factris Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Finance/Fintech
Company Size
~280 employees (est.)

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