BankingBusiness

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
Previous article
Lode Resources: Confirms gold mineralisation at Hudson’s
Next article
Westpac: Kicks off milestone partnership with Queensland Rugby Union
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.

You May Also Like

FinTech

Marquis Software Confirms Data Theft of 672K Bank Customers in Ransomware Attack

The cyberattack raises concerns about data security in the banking sector.Highlights: Marquis Software data breach impacts 672,000 bank...
FinTech

NCR Strengthens Focus by Offloading Japanese Bank Technology Business to NTT Data

NCR transfers its Japanese banking tech operations to enhance strategic focus.Highlights: NCR sells its Japanese banking technology business...
FinTech

Agentic Workforce Initiative Enhances Financial Institutions’ Performance

New platform aims to optimize operations for banks and financial service providers.Highlights: New Agentic Workforce initiative launched for...
FinTech

Tempo Blockchain Goes Live with Machine Payments Protocol

New technology enhances automated transactions in blockchain space.Highlights: Tempo Blockchain officially launches its machine payments protocol.The new technology...