Dutch FinTech Startup Factris Raises €100 Million Funding

The funds will support SME factoring across Europe, allowing Factris to assist sellers in nine countries and manage receivables from debtors in 27 markets, mainly within the EU.

Brian Reaves, CEO of Factris commented: “This new facility is a testament to the trust and confidence Brand New Day Bank has placed in Factris and our vision for SME financing. As we continue to scale across Europe this partnership ensures we can meet the increasing demand for alternative financing and provide SMEs with the liquidity they need to thrive.”

Founded in 2017 Factris is a FinTech company focused on empowering SMEs with innovative invoice financing solutions. Active across multiple European countries Factris combines advanced technology with personalized support to provide financing tailored to the needs of growing businesses.

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Its core tools include the FAB (Finance Automation for Business) platform and an AI-driven risk management system, with plans to expand its suite of financing solutions.

Factris’ funding structure combines diversified sources with a special purpose vehicle (SPV) setup, while risk is managed through automated credit systems and AI to quickly evaluate transaction risks.

With hubs in the Netherlands and Lithuania, Factris serves clients in nine countries and is expanding further across the EU.

The €100 million facility marks a key milestone in Factris’ mission to provide fast, flexible financing to underserved SMEs, supporting invoice factoring operations and enabling more businesses to access working capital and grow. The securitisation facility is designed to scale with rising SME demand.

About Factris

Factris partners with SMEs to support growth, offering flexible factoring where you choose which invoices to finance. Funds are transferred within 24 hours, invoices are credit-insured against risks like non-payment or bankruptcy, and Factris manages receivables, letting you focus on running your business with peace of mind.