INSTANT FACTORING
Instant Factoring is a fintech factoring platform providing liquidity to small entrepreneurs in max 24h, powered by robot-underwriting, transactions transparency using the blockchain, and developing machine learning based credit risk algorithms. We enable entrepreneurs to reap the rewards of their hard work immediately, turning their invoices into cash as the easiest step to getting the money they need quickly, without the burden of bureaucracy, extremely long analysis and response time. Insta... nt Factoringโs mission is to enable the development of small businesses by providing them with flexible and innovative financing solutions. The company estimates that more than 15.000 small businesses will use its services by the end of 2022, with an average value of invoice financed of approximately EUR 2.000. Distinguishing features of the platform include: the unique and patented internal credit-scoring tool, leveraging artificial intelligence and predictive analytics to provide fast credit decisions; registering the invoice portfolio ledger on the blockchain as an anti-fraud / double sale of an invoice, while in the near future we intend to implement smart contracts and payment ledger on the blockchain. Data and information is gathered from multiple sources and processed efficiently to rate customer invoices, and provide up front transparency on pricing. The internal algorithm is continuously improving through machine learning, bringing significant competitive advantage to the business.
INSTANT FACTORING
Industry:
Financial Services FinTech Software
Founded:
2018-04-01
Address:
Bucharest, Bucuresti, Romania
Country:
Romania
Website Url:
http://www.instantfactoring.com
Total Employee:
1+
Status:
Active
Contact:
+40786090382
Email Addresses:
[email protected]
Total Funding:
6.8 M EUR
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible LetsEncrypt Apple Mobile Web Clips Icon Google Tag Manager WordPress Font Awesome Wordpress Plugins Sitelinks Search Box IPv6
Similar Organizations
4Fin
4Fin is a fintech startup.
Carpay
Lending enablement platform for BHPH
iwoca
Iwoca offers credit financing services for small businesses.
payconiq
Easy and fast payment with your smartphone.
VSure.life
OnDemand Lifestyles Digital Insurer
Current Advisors List
Current Employees Featured
Founder
Investors List
Constantine Goulimis
Constantine Goulimis investment in Seed Round - Instant Factoring
Xenofon Vodorouglou
Xenofon Vodorouglou investment in Seed Round - Instant Factoring
EDUCATIVA
EDUCATIVA investment in Seed Round - Instant Factoring
Official Site Inspections
http://www.instantfactoring.com Semrush global rank: 3.63 M Semrush visits lastest month: 3.93 K
- Host name: 104.21.92.84
- IP address: 104.21.92.84
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago