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
