BankingBusinessFinTech

BNP Paribas taps Lenvi to manage risk for factoring and receivables finance

  • BNP Paribas partners with fintech firm Lenvi for risk management and fraud analytics.
  • BNP Paribas Factoring operates in 12 countries with €210 billion annual turnover.
  • BNP Paribas deploys Riskfactor in 8 European countries to reduce risk and improve efficiency.
  • Risk factor harmonizes operations across jurisdictions, enhancing efficiency.
  • Lenvi, founded in 2023, offers B2B lending and KYC solutions with a 90% market share in the UK.
  • Lenvi has had a presence in continental Europe since 2007.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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