Amsterdam-based B2B payments startup Sprinque has secured a $21.4M

 

Amsterdam-based B2B payments startup Sprinque has secured a $21.4M debt facility from Avellinia Capital.   The company claims to have "the most flexible B2B payments platform."  According to its website, Sprinque's platform provides pan-European coverage to accommodate international buyers and flexible payment terms.  The startup promises to manage collections and deliver increased conversion and retention.  The B2B platform also reduces risk by vetting buyers' credit risk in real-time to see if they qualify.  A recent press release states that the company plans to use its fresh funds to expand its pay-by-invoice solution throughout Europe to finance over $214M in annual transactions.