Factris receives EUR 1.5 mln funding and acquires Crown Finance

Tuesday 6 November 2018 09:41 CET | News

Fintech company Factris has concluded a EUR 1.5 million funding round led by the European venture capital fund Speedinvest Fintech.

Factris offers factoring to small and medium-sized enterprises (SMEs) in Europe.

The investment will be used for sales, marketing and growth of the platform capabilities to support pan European operations.

As part of the investment, Crown Finance Group was acquired for cash and stock by Factris. No details were disclosed about this deal.

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Keywords: Factris, Crown Finance, funding, SMEs
Countries: World