Company news
Automated, Scalable SME Funding Now Possible Thanks to New Platform from Fintech Factris
Posted onAfter years of designing and programming, a replacement of Factris’ FAB (Finance Automation for Business) platform has been released simultaneously across all five of Factris’ markets. These include Belgium, the Netherlands, Poland, Latvia, and Lithuania. Factris’ IT engineers applied insights…Most Innovative SME Factoring Specialists 2023 – Europe
Posted onAcquisition International is Proud to Announce the Winners of the 2023 Business Excellence Awards, and Factris is among them. Leading B2B publication, Acquisition International, has launched the 2023 edition of the Business Excellence Awards. Now in its ninth year, the…Fintech Factris Lands €50 Million For SME Lending From Aegon AM
Posted onHaving just reached the milestone of financing €1 billion in invoices in Q1 of 2023, the Amsterdam-based fintech Factris has received further momentum thanks to a €50 million funding line from global investment business Aegon Asset Management (Aegon AM) in…Fintech Factris reaches €1 billion in financing after meteoric 2022 results
Posted onAmsterdam-based Factris closed out 2022, surpassing expectations thanks to a year-end report showing double-digit increases in average portfolio size, number of clients, and financing volume. 2022 also saw Factris starting to generate monthly profits and re-investing in growth. Given the…Factris named SME Financing Specialists of the Year 2023
Posted onFactris Holding B.V. was recognized in the 2023 Corporate Excellence Awards and received an SME Financing Specialists of the Year award – Europe from Corporate Vision digital magazine. Corporate Vision is published monthly on a digital platform with the mission to…Factris – Gamechanger™ Progress Champion Awards 2022 winner
Posted onIn 2022, the Gamechangers™ Progress Champion Awards celebrate diversity and promote inclusion. We are glad they have been nominating Factris as a company that has particularly considered the needs of employees or customers of the LGBT+ community with naturally inclusive…International Elite 100: Brian Reaves – CEO of the Year 2022
Posted onBrian Reaves, CEO of Factris, has been recognized as a CEO of the Year 2022 by the International Elite 100 Awards. The International Elite 100 Awards was established with the prime objective of honoring the achievements of global talent across…Factris – SME Financing Innovators of the Year
Posted onWealth & Finance magazine has announced the winners of the 2022 FinTech Awards, awarding Factris as SME Financing Innovators of the Year. It wouldn’t be an exaggeration to say that long-standing brick-and-mortar establishments have dominated the financial landscape for decades….Factris now a member of the Soonicorn Club of the Netherlands
Posted onTracxn, a global platform for tracking innovative companies across 1800+ feeds and multiple countries, included Factris in the Soonicorn Club of Netherlands. The latest award in the Soonicorn Award series recognises the top companies which are Unicorns or have the potential to…Fintech Factris leaps forward with further funding
Posted onDutch fintech company Factris has secured € 10 MM thanks to their partnership with NN Investment Partners (NN IP). This funding will be directly used to help finance trade-related invoices for European SMEs. Already the largest alternative factoring company in the Netherlands, Factris…Most Innovative SME Factoring Specialists – Europe
Posted onAcquisition International has announced the 2022 year’s winners of the Business Excellence Awards. Factris has been awarded as Most Innovative SME Factoring Specialists – Europe. The highly anticipated Business Excellence Awards returns to Acquisition International in 2022. These awards celebrate…Factris Partners with Eurowag to Launch New Financial Product in Three EU Countries
Posted onThe two companies are collaborating to improve SME financing in the transport and logistics industry The product is already available in Latvian and Lithuanian markets, with Poland set to receive it by April 2022 Fintech company Factris has partnered with…Factris expands factoring into Belgium
Posted onBy financing a fourth European market, Amsterdam-based Factris continues forward with their pan-European strategy The fintech will focus on SMEs in Belgium ANTWERP, BELGIUM Fintech Factris has just launched their financing services to SMEs across Belgium. This new funding source will help…Factris receives 1st Place in the category of Trade Finance at the 2021 Go Global Awards
Posted onFactris Holding B.V. was announced as 1st Place in the category of Trade Finance on the 14th October 2021, at the International Trade Council’s Annual Go Global Awards Ceremony. “Winning an award is no small feat. We received a total…Factris continues to grow despite declining factoring trend
Posted onFactris’ 2021 results showed significant growth in portfolios, customers, and invoices financed Factris grew while general factoring shrank across the EU Factris has published their results from the first half of 2021, revealing substantial growth in their factoring services compared…Best accessible finance services 2021 – Europe
Posted onAcquisition International Magazine has announced the winners of the 2021 Business Excellence Awards. Factris is proud to announce we’ve won the 2021 Business Excellence Award. Business success can be defined in many ways and can be found in all locations,…Factris uses new funding to acquire Payfix and provide services to factoring companies
Posted onThe fintech has signed commercial arrangements to provide managed services to four more Dutch factoring companies Factris has put recent funding to work by purchasing or managing factoring company’s portfolios worth 23 MM EUR Amsterdam-based fintech Factris has just acquired…Finance Monthly has chosen Factris in the Fintech Innovation category
Posted onYear upon year, the Finance Monthly FinTech Awards recognise the true innovators who help drive the FinTech industry forward and help make the sector what it is today. Finance Monthly is a global publication delivering news, comment, and analysis to those…Dexteritas funds Factris with EUR 5 million Facility
Posted onFunding from Dexteritas will enable Factris to extend their financing reach by purchasing portfolios from other factoring companies The contract puts the fintech company one step closer to becoming the EU’s largest SME working-capital provider Amsterdam-based fintech Factris has recently…Global 100 Awards CEO of the year 2020 – Brian Reaves
Posted onEMG Publishing aims to provide a benchmark for the very “BEST OF THE BEST” industry leaders, exemplary teams, and distinguished organizations across the globe. EMG Publishing has become a world-renowned publishing house, producing some of the world’s most coveted awards programs, recognizing and celebrating excellence…SME Working Capital Provider of the Year 2020
Posted onThe Netherlands Prestige Awards celebrates small and medium-sized enterprises consisting of localized businesses and sole traders that have thrived in their highly competitive community and have proven their success. Over the past year, 2,037 nominations were received by the awards…Factris wins “Best European SME Financing specialists 2021” award
Posted onThe Corporate Excellence Awards were launched by CV Magazine to showcase the companies and individuals that are committed to innovation, business growth, and providing the very best products and services to clients across a wide range of industries. This award…“Factoring lender of the year” and “Gamechanger of the year, Brian Reaves” Awards
Posted onLondon, UK, October 2020 – ACQ5 announces the winners of the 2020 ACQ5 Awards. “Experts whose intimate knowledge and expertise in the corporate, cultural, financial, and legal arenas are redefining our industry,” says Jake Robson, Group Editor of The ACQ5. “The 2020 ACQ5 Award…Factris closes series A round to increase reach
Posted onRecent funding has given a boost to the Amsterdam-based fintech’s capabilities to finance SMEs Factris has recently concluded a EUR 5M Series-A equity funding round led by AB Ventures, the corporate venture capital arm of the Arab Bank. Current investors…Factris and NN Investment Partners agree on European financing agreement
Posted onFactris has closed a new EUR 50m secured financing agreement with asset manager NN Investment Partners (NN IP) The facility will be used to provide financing to European small and medium-sized enterprises (SMEs) via the purchase of their trade-related invoices,…10 Sources of Funding: a guide for Small and Medium-Sized Business
Posted onMost up-and-coming entrepreneurs have great ideas but often lack sufficient capital to start a business. Bank loans for small start-ups are not easy to get, especially without collateral. This is why we’ve put together this guide on the different ways…Best Alternative SME Financing Solutions Provider 2020 – Europe
Posted onThe United Kingdom, 2020 – Acquisition International Magazine has announced the winners of the 2020 Business Excellence Awards. While it is certainly a challenging time for businesses of all shapes and sizes, there are still causes for celebration to be…Factris receives EU funding for AI-based SME risk-management system
Posted onFactris has received EU funding to create a risk-management system with AI to solve financing problems for SMEs The fintech company Factris has just received a grant of 1,4MM from the EU to fund the development of an automated risk-management…“Factoring” changed how SMEs did business in 2019
Posted onThe company Factris is positioning itself for success with its unique offering in the SME market Factris has already experienced rapid growth with its innovative financial solutions personalized for its customers. New financing solutions changed how small and medium-sized enterprises…Factris wins “Most Client-Focused SME Financing Solutions Provider 2019” award
Posted onEstablished in 2017, the fintech company Factris has been on a mission to reinvent small-business financing by providing low-cost working capital to SMEs across the European Union, all with a local presence. Factris has accomplished this through invoice financing (factoring)…Factris’ CEO Brian Reaves wins CEO Awards 2019
Posted onWe are proud of our CEO, Brian Reaves, who has been awarded this year! It is a recognition of the whole Factris team for achieving the desired goals and being driven forward by such a CEO. Read the full item of the…Factris will soon dominate SME financing in Europe. Here’s why.
Posted onWhy can such a bold claim be made with such certainty? One simple reason – Factris’ advantage over the competition. Gaining people’s trust and loyalty isn’t easy; whether it’s a teenager looking to their parents for more freedom or a…Banks are constantly saying NO. We are the people that say Yes.
Posted onYes to financing your small business. Yes to using technology to help you grow. Yes to harnessing the power of Europe by embracing our diversity. “It’s easy to hear the word “No” from a bank. Small businesses hear it often…Factris named as one of One to Watch for EBA
Posted onFactris has been named as ‘One to Watch’ in Europe in a list of business excellence published by the European Business Awards, one of the world’s largest and longest-running business competitions. Factris was chosen for demonstrating exceptional achievement in one…More small businesses say NO to banks in 2019
Posted onAlternative-banking solutions are catching on at an exponential rate across Europe Factris has published results for the first half of 2019, demonstrating the growth in alternative financing solutions. The report showed that from January to June of 2019, customer involvement…Strongest in Lithuania and in the Baltic region
Posted onWe are proud of our small, but meaningful achievements – ABALT 2018 certificate notes that our company is “A” class leader in our business sector in the Baltic region and credit bureau “Creditinfo” certificate indicates that we have a high…Factris launches services in Latvia and names new country managers
Posted on– The company Factris is positioning itself for success with its unique offering in the SME market– Factris has already experienced rapid growth with its innovative financial solutions personalised for its customers. Factris has announced the launch of financing services…Factris is consolidating its position in Lithuania and is expanding into other European markets
Posted onThe Lithuanian factoring company, previously known as Debifo, is relaunching as Factris. The move comes after a merger with the Dutch factoring company, Factris, which was completed in January. Following the merger, the decision was made to use a single…Factris wins court case brought by Rabobank
Posted onThe Amsterdam fintech company Factris does not have to change its name. Rabobank subsidiary Facturis loses summary proceedings against the company. This decision was announced on 3 April by the Court of Amsterdam. In addition to this, the court ordered…Factris announces the expansion and investment plans in Lithuania
Posted onFactris intends to expand and invest in its development team and operations in Lithuania to accelerate the development of its factoring platform and execute on its ambition to become the Pan-European leader of working capital solutions for SMEs. Factris provides…Factris acquires Lithuanian factoring company Debifo
Posted onFactris announced the successful conclusion of the 100% acquisition of “Debifo” for an undisclosed purchase price. Debifo is a leading working capital provider in Lithuania with a 35% market share in the alternative lending space and growing rapidly. The acquisition…Factris concludes EUR 100 million credit facility agreement
Posted onFactris announced the successful conclusion of a €100 million credit facility agreement through Swiss investment advisor Ruvercap. The credit facility will be utilized to provide working capital to small and medium-sized enterprises across Europe. Factris is a fintech company offering…Factris concludes EUR 1.5 million funding round and Acquires Crown Finance
Posted onFactris announced the successful conclusion of the funding round led by the European venture capital fund SpeedinvestFintech. After this funding round, the initial investment of EUR 1.5 million brought in is for sales, marketing, and platform development to support pan-European…