{"id":4617,"date":"2019-09-24T12:02:00","date_gmt":"2019-09-24T12:02:00","guid":{"rendered":"https:\/\/www.factris.com\/?p=4617"},"modified":"2024-05-27T10:26:11","modified_gmt":"2024-05-27T10:26:11","slug":"ceo-of-factris-wins-ceo-awards-2019","status":"publish","type":"post","link":"https:\/\/www.factris.com\/en\/news\/ceo-of-factris-wins-ceo-awards-2019\/","title":{"rendered":"Factris’ CEO Brian Reaves wins CEO Awards 2019"},"content":{"rendered":"

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We are proud of our CEO, Brian Reaves, who has been awarded this year!<\/h2>\n

It is a recognition of the whole Factris team for achieving desired goals and being driven forward by such a CEO.\u00a0 Read the full item<\/a> of Finance Monthly CEO Awards, on page 22.<\/p>\n

 <\/p>\n

About Brian Reaves, CEO of Factris<\/strong><\/h2>\n

Brian Reaves is both a global student and a natural entrepreneur. His education includes a bachelor’s degree in business and finance from Lander University as well as post-graduate studies from Moscow State University. Before starting his entrepreneurial path, he gained experience in large multi-national corporations growing numerous companies, including the hiring of over 500 people. As an entrepreneur, he was involved in raising more than $100 MM in debt and equity for projects, along with co-investing in a variety of companies. After much frustration and little help from traditional banks, Brian set out to create a better option for funding small businesses in 2016 by laying the groundwork for what would eventually come to be the fintech company Factris.<\/p>\n

 <\/p>\n

Firm Profile<\/h2>\n

The fintech company Factris, with offices in the Netherlands, Lithuania, and Latvia, has been disrupting the financial system with its innovative solutions to traditional banking since 2017. The company focuses on assisting SMEs by providing low-cost working capital, along with other custom-tailored financial services.<\/p>\n

The primary weapon in Factris’ arsenal is an innovative method called “factoring”. Instead of the traditional, complicated process of acquiring a small loan from a bank, factoring allows an SME to receive almost-instant capital by Factris purchasing their unpaid invoice and managing its collection for a fee.<\/p>\n

What Factris has been remarkably able to achieve is to place the power and resources of a multi-country financial company into the hands of local SMEs across Europe. This is achieved by means of a focus on customer service on a local scale, while at the same time harnessing the power of automation technology through Factris\u2019 \u201cFinancing Automation for Business\u201d platform, or FAB Platform, allowing the Amsterdam-based company to support SMEs throughout Europe. All of these financial solutions and products are designed to be customisable to match the unique needs of each small business.<\/p>\n

Milestones that have helped grow Factris include Swiss funding in 2017 to power Factris with a \u20ac 25 MM credit line, launching their first factoring platform in 2018, and acquiring Crown Finance Group the same year, then acquiring the Lithuanian fintech company Debifo in 2019 and establishing their Latvian base.<\/p>\n

Their hard work continues to pay off with an increase of 861% in revenue growth by mid-2019 in just one year, as well as a 50% increase in the number of clients compared to the same period in 2018.<\/p>\n

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This article has been revised by<\/p>\n

[\/et_pb_text][et_pb_team_member name=”Brian Reaves” position=”Factris CEO” image_url=”https:\/\/www.factris.com\/wp-content\/uploads\/2024\/05\/Brian-Reaves-business-portrait-1-2.jpg” icon_color=”#353540″ _builder_version=”4.24.0″ _module_preset=”default” header_level=”h3″ header_font=”|700|||||||” header_font_size=”21px” body_font_size=”14px” position_font=”|700|||||||” position_text_color=”#353540″ position_font_size=”16px” position_line_height=”2em” border_radii_image=”on|150px|150px|150px|150px” global_colors_info=”{}”]<\/p>\n

Brian Reaves is Factris Chief Executive Officer, s<\/span>erial entrepreneur and investor in the mobile and payments space. Brian was involved in building 21 prior businesses including 15 mobile networks and 4 payment companies.<\/span>
\"factris<\/a><\/p>\n

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Papasakokite savo verslo istorij\u0105<\/h2>\n

Su faktoringu skol\u0105 paverskite apyvartin\u0117mis l\u0117\u0161omis<\/h3>\n

[\/et_pb_text][et_pb_button button_url=”\/lt\/finansavimo-kriterijai\/” button_text=”Pa\u017ei\u016br\u0117kite, ar atitinkate s\u0105lygas” button_alignment=”center” module_class=”btn-tertiary-2″ _builder_version=”4.24.0″ _module_preset=”default” custom_button=”on” button_text_color=”#ffffff” button_bg_color=”rgba(0,0,0,0)” button_font=”||||on||||” button_icon=”$||divi||400″ button_icon_color=”#ffffff” button_on_hover=”off” custom_margin=”||||false|false” custom_padding=”||||true|true” global_colors_info=”{}”][\/et_pb_button][et_pb_button button_url=”https:\/\/onboarding.factris.com\/lt\/sign-up” button_text=”Finansuokite pirm\u0105j\u0105 s\u0105skait\u0105” button_alignment=”center” _builder_version=”4.24.0″ _module_preset=”default” custom_button=”on” button_icon=”$||divi||400″ button_icon_color=”#353540″ button_on_hover=”off” custom_margin=”||18px|||” custom_padding=”10px|40px|10px|28px|true|false” global_colors_info=”{}” custom_padding__hover_enabled=”on|hover” custom_padding__hover=”|50px|||true|false”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

We are proud of our CEO, Brian Reaves, who has been awarded this year! It is a recognition of the whole Factris team for achieving desired goals and being driven forward by such a CEO.\u00a0 Read the full item of Finance Monthly CEO Awards, on page 22.   About Brian Reaves, CEO of Factris Brian […]<\/p>\n","protected":false},"author":1,"featured_media":20646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"\n

Advisory board<\/strong><\/p>\n\n\n\n

Brian Reaves <\/strong>Chief Executive Officer<\/p>\n\n\n\n

Serial entrepreneur and investor in the mobile and payments space. Brian was involved in building 21 prior businesses including 15 mobile networks and 4 payment companies.<\/p>\n\n\n\n

Adam Posma <\/strong>Founder and Chief Product Officer of ClubCollect<\/p>\n\n\n\n

Adam founded ClubCollect in 2013 - a provider of membership fee collection services for sports clubs. He started his career in wealth management at BNP Paribas.<\/p>\n\n\n\n

Dr. Tom F. Lesche <\/strong>Principal at Speedinvest<\/p>\n\n\n\n

Tom started his career in investment banking. Most recently, he was a Vice President at Morgan Stanley in London, advising financial technology companies on a variety of capital markets and M&A transactions. At Speedinvest, he solely focuses on investments in European fintech companies.<\/p>\n\n\n\n

Donatas Juodelis <\/strong>Founder of Debifo<\/p>\n\n\n\n

Donatas started his career as a lawyer but quickly moved to entrepreneurship and investments. Co-founded IT company INNTEC, co-founded factoring company Debifo and a couple of other successful startups. In most of the companies, Donatas was responsible for business and corporate development.<\/p>\n\n\n\n

Faisal Hakki <\/strong>Managing director at AB Ventures<\/p>\n\n\n\n

Faisal is Managing Director at AB Ventures, the FinTech focused, early-stage Venture Capital arm of Arab Bank. Prior to joining AB Ventures, Faisal was CEO at Oasis500 \u2013 the leading seed-stage investment fund and accelerator in Jordan. Faisal has also held senior positions at Accelerator Technology Holdings, Arab Advisors Group and Fastlin.<\/p>\n\n\n\n

Brian Reaves <\/strong>Chief Executive Officer<\/p>\n\n\n\n

Serial entrepreneur and investor in the mobile and payments space. Brian was involved in building 21 prior businesses including 15 mobile networks and 4 payment companies.<\/p>\n\n\n\n

Adam Posma <\/strong>Founder and Chief Product Officer of ClubCollect<\/p>\n\n\n\n

Adam founded ClubCollect in 2013 - a provider of membership fee collection services for sports clubs. He started his career in wealth management at BNP Paribas.<\/p>\n\n\n\n

Dr. Tom F. Lesche <\/strong>Principal at Speedinvest<\/p>\n\n\n\n

Tom started his career in investment banking. Most recently, he was a Vice President at Morgan Stanley in London, advising financial technology companies on a variety of capital markets and M&A transactions. At Speedinvest, he solely focuses on investments in European fintech companies.<\/p>\n\n\n\n

Donatas Juodelis <\/strong>Founder of Debifo<\/p>\n\n\n\n

Donatas started his career as a lawyer but quickly moved to entrepreneurship and investments. Co-founded IT company INNTEC, co-founded factoring company Debifo and a couple of other successful startups. In most of the companies, Donatas was responsible for business and corporate development.<\/p>\n\n\n\n

Faisal Hakki <\/strong>Managing director at AB Ventures<\/p>\n\n\n\n

Faisal is Managing Director at AB Ventures, the FinTech focused, early-stage Venture Capital arm of Arab Bank. Prior to joining AB Ventures, Faisal was CEO at Oasis500 \u2013 the leading seed-stage investment fund and accelerator in Jordan. Faisal has also held senior positions at Accelerator Technology Holdings, Arab Advisors Group and Fastlin.<\/p>\n\n\n\n

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