Beta version of Finturis blockchain based invoice financing platform goes live

Tuesday 7 May 2019 13:05 CET | News

Finturi, a Netherlands-based blockchain startup, has announced the release of its beta platform.

Through its beta platform, Finturi will connect select few businesses with financiers and enable businesses to get a loan against their invoice within 24 hours. Finturi’s platform is an example of a real-life use case of blockchain technology. It demonstrates how blockchain technology and artificial intelligence can be used together to help businesses get access to money in a secure, low-cost, quick and easy manner.

The global alternative finance market size is predicted to grow by USD 472.41 billion during 2018-2022 according to the latest market research report by Technavio. A key factor driving the growth of the market is the quick and easy access to credit. Alternative finance provides quick and easy access to credit unlike financial institutions making it a lucrative option for small and medium-sized enterprises.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Finturi, blockchain, invoice, financing , Netherlands
Countries: World