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Factris: Enters Belgium

Factris: Enters Belgium

  • Factris’ mission is to empower SMEs through financial technology with personalized guidance
  • Just launched their financing services to SMEs across Belgium
  • This new funding source will help Belgian SMEs access larger amounts of capital via factoring
  • Factoring has already seen steady growth in Belgium, averaging 4.12 million EUR growth in volume year-over-year
  • Looks to expand this exponentially, focusing on automation and AI-powered risk management
  • The fintech already finances SMEs in several European countries, including Lithuania, Latvia, and the Netherlands
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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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