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

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

Date:

October 31, 2023

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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