Amsterdam-based Factris raised $54M to provide fintech services for European SMEs.
Aegon Asset Management led the funding round.
- Factris aims to use this funding round to expand in markets such as Estonia, the Netherlands, Belgium, Poland, Lithuania, and Latvia.
- Factris claims it had 58% YoY Growth for its pan-European market and an 83% Growth in markets like the Netherlands.
- The company has financed over $1B in invoices as of Q1 2023.
- Since its inception in 2017, the company has raised $133M.
